Wednesday, April 20, 2011

Regulation Hurts Regular Folk, Helps Rich People

This is what government regulation does: It hurts small businesses and consumers for the benefit of a few powerful players at the top.


objectivist said...

I agree in that regulation often leads to crony capitalism, which is terrible on two accounts: it's not a fair system and gives true, pure capitalism a bad name.

Aaron Kinney said...

Markets are vulnerable to corruption, specifically the corruption of the state. Freedom doesn't give the big boys an unfair advantage, and as a result, freedom allows for less big boys to exist. Less centralization and stratification.

Aaron Kinney said...

By stratification I mean social and economic inequality.