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Originally Posted by Hypatia Callisto  People keep saying that about free market leads to monopoly, but in fact I've always seen it quite different in practice. It is the interference of government, especially courts and "parliaments" like Ashcroft's, that supports and nourishes monopolies and nationalises industries. |
The thing is, though, that government intervention in the free market is almost always exclusively at the behest of market titans with great wealth that they would rather increase and protect. Leaving wealth at the hands of a free market would expose them to the results of bad decisions/corruption/shit happening that everyone else has to deal with. We can't be having any of that. So, the market makers curry friends and make contributions in the right places to ensure that "regulations" and "rules" are to their benefit.
Just look at what is going on right now with the protections the SEC is offering to 19 "market makers" with friends in high places and half of our elected representatives owing them favors.