What is Digg?3 Comments
- inactive, on 10/12/2007, -0/+3The story of his experience at UNLV as Murray Rothbard's student is not only entertaining, but it underscores, yet again, what a unique, brilliant and great man Murray was in his lifetime.
- harumph, on 10/12/2007, -0/+1just citing a few people who founded companies that operate with a sense of morality can never erase the wal-marts and exxons of the world. we don't need regulation because of the good guys. unfortunately human greed is much more prevalent than kindness in the business world. this is the same reason communism or anarchy will never work. there are just too many humans who can never have enough power or wealth and they will do almost anything to attain that position above the rest. the best solution i think on a personal level is to only shop at places that treat their employees well and don't treat the world's resources as a mere grab bag. then the companies themselves will have a vested interest in operating in a more moral fashion.
- Mrhuh, on 10/12/2007, -0/+0The reason the wal-marts and the exxons of the world became so powerful in the first place was because of regulations, government restrictions on trade, licensure laws, and other such things. All government regulations create forceful barriers into the marketplace, which helps insure monopolies and oligopolies. The eariliest champions of government regulation of the marketplace were entrenched business interests who wanted to protect themselves from "cutthroat competition".
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