I'm not sure I agree with you that the worst parts of the economy are those regulated by the government, but I suppose it depends on your interests and priorities. My state offers a relaxed regulatory environment to corporations in order to entice them to establish themselves here, and to the extent that this has worked it has been environmentally disastrous. No one does anything about it because these corporations establish themselves in rural, low-income areas like mine, where no one has the resources or means to take them to court.
For companies, a lack...
I am a woman living in rural poverty.
You seem to believe that the capitalist market is truly what Frederick Hayek called a “spontaneous order” – a system that naturally emerges when people engage in voluntary trade. Prices aggregate dispersed information better than any central human planner ever could. Interference distorts it. The outcomes, whatever they are, reflect the aggregate of free choices.
Under this model, the framework outlined by Eliezer in Traditional Capitalist Values applies, and money is simply the just reward furnished by society to thos...
I apologize profusely for upsetting you. Contrary to what your tone suggests, I have not lived my life in a sensory deprivation tank. So there is no need to lecture me. You are not being misunderstood. You are being disagreed with.
>But the govt being what it is, all power given to it is exploited to the maximum extent to favor the powerful and the population now is utterly strangled by the tools that were meant to protect it.
Yes, indeed - and who, pray tell, do you think "the powerful" are?
>Ah yes, the golden age of pre-1919. Returning to the econ... (read more)