View Single Post
Old 11-21-08, 06:53 AM   #22
AntEater
Grey Wolf
 
Join Date: Apr 2005
Location: Germany
Posts: 936
Downloads: 0
Uploads: 0
Default

The argument "but the US doesn't have a really free market" sounds like the old "but the USSR didn't really have communism" argument to me
:rotfl:
Apart from parts of "new" europe and the UK, the US has the least regulated economy on the globe.
Aside of course from Somalia...

I think the US has regulations because at a certain level, a society needs them.
Totally free capitalism might work in Hayek's (or was it Friedman) famous Island, or in the society the founding fathers of the US lived in.
A bit like anarchism, which works just fine in a siberian village.
__________________
AntEater is offline   Reply With Quote