Its odd that people associate free market economists with benefiting large corporations, especially those which do great harm to people. In a true free market there would naturally be far fewer large corporations because the favors and protectionist legal policies would not exist and because the corporations would have more competition. In a more limited libertarian government, companies would not bother to employ lobbyists or donate to political campaigns because government would have little to offer the companies in return. Corporations who did harm to people through fraud, harm to the environment etc. would face severe punishment because personal liberty is paramount in a free society....this includes more personal liability and personal punishment of executives for wrongdoing and less ability for them to shuffle responsibility onto an unaccountable entity called a corporation, which is a construct of government. So if you believe that some large corporations are doing evil or you believe that personal freedom and individual liberty is paramount then this might the solution for you.
Posted on: Thu, 14 Nov 2013 13:49:17 +0000
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