Linked by Dmitrij D. Czarkoff on Fri 31st Aug 2007 08:54 UTC
Permalink for comment 267365
To read all comments associated with this story, please click here.
To read all comments associated with this story, please click here.
News
Linked by Thom Holwerda on 05/22/13 22:23 UTC
Linked by Thom Holwerda on 05/22/13 13:38 UTC
Linked by Thom Holwerda on 05/22/13 13:30 UTC, submitted by JRepin
Linked by Thom Holwerda on 05/21/13 22:06 UTC
Linked by Thom Holwerda on 05/21/13 21:45 UTC
Linked by Thom Holwerda on 05/21/13 15:53 UTC
Linked by Thom Holwerda on 05/20/13 22:43 UTC
Linked by Thom Holwerda on 05/20/13 21:50 UTC
Linked by Thom Holwerda on 05/19/13 23:15 UTC
Linked by Thom Holwerda on 05/19/13 23:11 UTC, submitted by Drumhellar
More News »
Sponsored Links



Member since:
2006-12-28
I'm afraid that, considering the fact that most world economies are capitalist, regulation is a must. You state that regulation creates instability but have not provided any proof to back up your statement. If fact, any economics will point out quite clearly that exactly the opposite of your statement is true.
Just look at the Wall Street crash of 1929. Because of unregulated trading, millions of people lost they're life saving not to mention that it worsened an already terrible situation, namely the Great Depression.
More recent examples are WorldCom and Enron. Both companies where working in recently deregulated industries and anybody can tell you what happened there in more detail than this post allows for.
The evidence to back up my claim is common knowledge. Just because you don't believe in regulation does not mean it's not vital in a capitalist society.
To think otherwise has proven to be extremely detrimental to economies the world over, not to mention stupid.