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The Black Market Is Becoming The Dominate Marketplace
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<blockquote data-quote="bbsam" data-source="post: 937670" data-attributes="member: 22662"><p>Where is the competition? Deregulation did infact create a free for all in the transportation, and where has it led us? The full cycle has led to even less competition and much of that now teetering on extinction (Yellow/Roadway). Regional carriers and LTL's have been bought up (Watkins, Overnite, American, etc.). Banks have seen the same cycle. And this is somehow desirable.</p><p></p><p>But then we have the stipulation that, "Well, it's not a true free market." Fair enough. But that's the hesitation I have with the Libertarian point of view. It seems so entirely based on perfect conditions and all the players lining up and behaving nicely. Supposedly the free market cures all this, but when? Again, claiming less regulation is what we need (after the banking fiasco we've witnessed) seems a very tough sell. And it's only fair to ask how we can expect Libertarian principles to look in a less than perfect setting. Will Libertarians tend to side over and over with the corporations that fund their elections? Or would Libertarians push through massive election reform?</p></blockquote><p></p>
[QUOTE="bbsam, post: 937670, member: 22662"] Where is the competition? Deregulation did infact create a free for all in the transportation, and where has it led us? The full cycle has led to even less competition and much of that now teetering on extinction (Yellow/Roadway). Regional carriers and LTL's have been bought up (Watkins, Overnite, American, etc.). Banks have seen the same cycle. And this is somehow desirable. But then we have the stipulation that, "Well, it's not a true free market." Fair enough. But that's the hesitation I have with the Libertarian point of view. It seems so entirely based on perfect conditions and all the players lining up and behaving nicely. Supposedly the free market cures all this, but when? Again, claiming less regulation is what we need (after the banking fiasco we've witnessed) seems a very tough sell. And it's only fair to ask how we can expect Libertarian principles to look in a less than perfect setting. Will Libertarians tend to side over and over with the corporations that fund their elections? Or would Libertarians push through massive election reform? [/QUOTE]
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