02-16-2006, 05:49 PM
Arpi,
Libertarians claim that there is no need for Government to regulate business in any way...
because market forces will regulate....
But this assumes that all businesses are operating on the up and up, and desire to long term entitites...
It ignores the George Bushes of the world, who will willingly run a business into the ground, as long as they cash out first.
Libertarians claim that there is no need for Government to regulate business in any way...
because market forces will regulate....
But this assumes that all businesses are operating on the up and up, and desire to long term entitites...
It ignores the George Bushes of the world, who will willingly run a business into the ground, as long as they cash out first.