- Capitalism and Alternatives -

laissez faire anything

Posted by: Gee ( si ) on July 07, 1999 at 11:17:56:

In Reply to: Laissez-Faire Capitalism an Impossibility posted by rabblerouser on July 07, 1999 at 10:12:01:

: After all, the most efficient way for one to extract maximum profit is to either eliminate the competition or somehow regulate the competition. Any replies?

Thats whats happens currently where business and government collude to mutual benefit (and at cost to everyone else) by using government force to protect themselves from competent competitors, what the government gets is a pay off and more power. Its extremely difficuly, perhaps impossible, for a company to gain this alone. A whole raft of companies would have to join forces and try to impose a state - likely to result in a vast reduction in profits - known as a revolution.

The same power seeking dynamic is in no way precluded in any type of socialist society.

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