Is there any historical evidence that free market capitalism works?
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01-22-2013, 11:11 PM
Post: #12
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Don't think so, because pure free market economy without any regulations whatsoever would be self destructive. Without anti-trust laws, only one company would come out on top and there would be no competition. Without labor laws, children would be put to work and everyone except the owner of the one remaining company and his family would be receiving minimum wage. It would end up much like feudalism.
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Messages In This Thread |
Is there any historical evidence that free market capitalism works? - Jasmin finnigan - 01-22-2013, 11:03 PM
[] - Aegis of Freedom - 01-22-2013, 11:11 PM
[] - Divi filius - 01-22-2013, 11:11 PM
[] - SOWingSEAson - 01-22-2013, 11:11 PM
[] - sandplant16 - 01-22-2013 11:11 PM
[] - colossaltitle695 - 01-22-2013, 11:11 PM
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