Thread: Why do people think that some economic regulation is bad?

Because last time I checked- this was a capitalist society and we are becoming a socialist society. I like freedom and prosperity better than socialismm

Sweden doesnt police the world and it has protectionist policies instead of free trade agreements - as far as me agreeing with their politics it stops about there . You dont need any regulation except one for a truly free market to work -You must make individuals/shareholders/employess/boards liable or accountable for corporations actions and remove entirely the legal cover incorporation provides -Once people are personally on the "hook" with their own assets and money at stake will they begin to act responsibly

All economies have regulations.Pure capitalism will always eventually result in a small rich class, no middle class and a vast poor class.Revolutions, in part, happened in Cuba, China, France and Tsar Russia because of uncontrolled capitalism.Anyone who truly thinks that capitalism will regulate itself is living in a fantasy world.Government is there for a variety of reasons, one is to make sure that the rich cat doesn't have iron fist rule.One area I believe needs regulation is to eliminate the huge wholesale buying power the big box stores enjoy. What better way to encourage entrepreneurship then to level the playing field. I mean really, who in their right mind would open up a corner hardware store in a city with a Home Depot and Lowes to contend with? Where I live in China, the playing field is level and I see ma and pa stores competing side by side with WalMart and Home Depot. If they can do that and have an economy that is growing by 7% even during these times, why can't we?PeaceJim.