Posted by: L0rcl_A5CII
on December 07, 2003 07:14 AM
Yeah, that's what's known as "regulation", and it is one aspect of socialism, which is why many people are opposed to the notion. In true absolute capitalism the market is completely unregulated, making such notions as anti-trust non-existant.
In reality, there are much fairer ways to regulate the market without making some sort ridiculous earnings cap. If you look at the socialist northern european countries for instance. They all are very successfull and are largely comprised of a "middle class" rather than the ever widening valley of class seperation we have here in the US.
A free market is a good thing. An anarchy of unregulated businesses is not, and ends up hindering freedom (as with anarchy of any kind).
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Re:The Real Solution ...
Posted by: L0rcl_A5CII on December 07, 2003 07:14 AMIn reality, there are much fairer ways to regulate the market without making some sort ridiculous earnings cap. If you look at the socialist northern european countries for instance. They all are very successfull and are largely comprised of a "middle class" rather than the ever widening valley of class seperation we have here in the US.
A free market is a good thing. An anarchy of unregulated businesses is not, and ends up hindering freedom (as with anarchy of any kind).
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