Thread: Apple Inc ....
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Old 07-21-2011, 01:12 AM   #4
ReggieRed

Join Date
Oct 2005
Posts
491
Senior Member
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I never said it was easy, neat or clean. A free market economy would be messy, the vast majority of us would lose big time with a very few number of tycoons at the top. You think it's bad now, this is nothing by comparison. The idea of pure free market is a romantic notion until you pull some of the curtains back--imagine quite literally no regulation. Each indiviual would need to be an expert at every nuance of every facet of life lest they be robbed blind by wordsmiths and fineprint that needn't be accurate much less in good faith...it'd be a nightmare!
If I am selling a good or service in an unregulated laissez faire free market and that good or service is poor; I may take advantage of a few but the market (and my reputation) will correct that and I will be out of business. There will always be snake oil salesman with or w/out government intervention and regulation but the market (product & service) will weed most of them out
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