The debate "Liberitarians should vote democratic. a regulated economy is more free than a crony economy" was started by
March 9, 2018, 5:01 am.
1 person is on the agree side of this discussion, while 6 people are on the disagree side.
There needs to be more votes to see what the common perception is.
It looks like most people are against to this statement.
Nemiroff posted 2 arguments to the agreers part.
chemikilsm0ke and 5 visitors disagree.
any of the disagrees care to elaborate?
by regulated I mean general rules that apply to all players in an industry equally keeping the competitive balance.
by crony i mean individualized subsidies and tax breaks which give a certain company a competitive advantage against other companies. in effect picking winners and losers.
regulations may increase costs, but they also come with better outcomes. you may argue whether the outcomes will really be better, but having the government pick specific winners and losers is not capitalism and may as well be centralized planning. it is the worst of both communism and capitalism where the free market is a sham but the wealth is still consolidated.