Thursday, November 19, 2009
A Free Market does not have regulations
A common refrain that I hear in the wakes of the "Global Financial Crisis" and Michael Moore's "Capitalism: A Love Story" is that the Free Market does not work.
No Free Market was allowed to happen. There were regulations that still governed business. Businesses also used the force of government for their own gains.
A Free Market does not have regulations imposed on it and it's participants by the use of force.