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Free markets in the US? Only when it is convenient for business
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06-29-2007, 04:59 PM
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panholio
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Oct 2005
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I was not commenting on the validity of the sherman anti-trust law which by the way I do have an understanding of.. I was commenting on the contradictory stance right-wing ideolgues take with regard to their position on capitalism and the role of free markets.
The same people who would propose to let marketplace dynamics regarding price equilibruim run rampant in areas like healthcare and higher education have no problem with allowing price collusion to occur on the supply side of consumer goods .
Allowing suppliers and dealers to collude on price setting runs completely counter to the basic tenets of capitalism. But I guess that is ok by some... afterall, those who complain about it cannot be anything other than extreme left wing advocates who know nothing about what they are commenting about.
You presume a lot.
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