Can capitalism exist without govt

[Samoht]

Originally Posted by iamoenaj [You must be logged in to view images. Log in or Register.]

Capitalism exists at its best when not controlled by strict regulatory policies. It heavily depends on the fluctuating supply and demand cycle and competition to produce a better and cheaper product.

Spoken like a true republican! Unfortunately, since either A) the wool is over your eyes or B) you have a rather large investment in sheep, you fail to see that without regulation, a "supply" and "demand" economy quickly turns into a "withhold" and "speculate" economy. Still using modern US as an example, let's look at oil: we have plenty of crude, but the price of gasoline stays high? Why?

A) Manufacturers limit refinement so that they can create false-shortages and drive the prices up.
B) Investors create an OPEC scare saying there's going to be conflict tomorrow/next week/next year, and they drive prices up.

And after all of that, they yell, "Don't tax me, bro!"

Conglomerates need to be outlawed. Futures need to be outlawed. Without regulation at every level, the 1% will control every part of your economy and government as the rich get richer and the poor get poorer.

Businesses do NOT pass savings on to consumers. They do NOT create more jobs with their wealth. They privitise their profits and pass the cost along to everybody else.