Can you have capitalism(free mkt) and socialism(when the gov't saves most co's)

Haha "can't have free market capitalism without regulation". Equivalency to can have communism with no centralized authority distributing resources.. regs are what destroy the free market....the largest corps arrange and voluntaryly elect for regs because THEY CREATE THEM.. to barricade entry to markets.....look up regulatory capture and read some Austrian econimics
 
If you want a completely unregulated market, go ahead. But when your broker decides to close shop and take everyone's money, or when they send you bad bid/ask spreads and create a nice little internal arbitrage killing field, don't come back crying.
 
zoned_post_meridiem said:
If you want a completely unregulated market, go ahead. But when your broker decides to close shop and take everyone's money, or when they send you bad bid/ask spreads and create a nice little internal arbitrage killing field, don't come back crying.
More...
Agree, but sometimes it’s over regulated. Right?
 
hafez50 said:
Thats basically what we have right now . Capitalism is were you have winners and lowers which this country has thrived on. But now we also have a govt who's trying to dictate we'll have few to no losers(think oil, airlines and trillions of loans to businesses) with future money they don't have. It looks like they've made there choice to take care of the people and thats fine. But that also means taxes will have be raised big time like other socialist country's.
More...
Man, did you really trade for 30 years? Why you find this so surprising? That's what this government has been doing since 2009.
 
As one of my old friends who is a smaller (publicly traded) clothing company CEO has said, free market ideology only serves the goal of increasing a particular corporation's profits. A CEO will try to maximize the benefits of both corporate socialism and free market principles for his own corporation while arguing that the opposite should apply to everyone else (minimize government subsidies, maximize regulations and taxes, etc. for other competing corporations), and maximize private market reward while individual taxpayers subsidize (socialize) the risks as we have seen over and over again including today. He said that any corporate CEO who tried to apply pure free market principles to his own company would be immediately out of a job. However, the American populace needs to be indoctrinated into unquestioning acceptance of the myth of free market principles even though that is not how America has worked for almost a 100 years or really ever; the notion of Capitalism is almost like the air we breath, invisible and all-pervading. America is a mix of Capitalism, Regulation, and Socialism, and that is not going to change; there was a pretty good balance across the whole of America in the 50's and early 60's, but not so much in the last 40 years except for those of us in the top 10-15% of income and wealth.
 
zoned_post_meridiem said:
Of course. Probably quite often. But I prefer too much over too little, if I have to choose an extreme. One may limit gains, the other is going to create losses.
More...
Yes, but how do you know if it much or not to much. Over regulated may have a biiiig impact too. Look what FED was doing last year. Both ways to little and to much.
 
You must log in or register to reply here.
Back
Top