#70 - Corporatism Vs. Free Markets

Submitted by:
alexmerced

Subscribe to this Author

Paste this code into your site to promote this story!

http://causeoffreedom.blogspot.com/2007/12/70-corporatism-vs-free-markets.html

Type of Content:

Article

A free market with low/no barriers to entry doesn't have the issue of Corporations with to much power, cause it's easy for everyone to create a competing firm. While one competing firm creates no threat, many will wear away at the larger corporations which prevent things like monopolys from happening while creating jobs. Monopolys only happen when the barriers to entry are raised which can only happen from government intervention. The other effect is when this competition comes into play it brings down prices and higher quality and naturally raises wages.

Read »