12-05-2015, 03:20 PM
(12-05-2015, 12:45 PM)JustWinBaby Wrote: No, you clearly don't understand capitalism. Price gouging and discriminatory rates don't happen with free and open markets - it is not sustainable without limits to competition, such as regulation. And, no, I'm not saying all regulation is bad.
So that is why there were no monopolies until the government made them illegal?
I think you need to brush up on your history a little.
A completely free market allows the people at the top to keep winning more and more. They use their wealth to create more wealth in a cycle until an overwhelming majority of society lives in poverty wile a miniscule percentage at the top control all the wealth.
