You could say the same about abandoning capitalism for another type of economy wholesale.
The point is that there has always been regulation because when we have tried removing it (look up grain shortage in France during the mid to late 1700’s due to export deregulation) and it ends up the same. Deregulation isn’t the answer.
There is no “seeking perfect deregulation”, only the admittance that deregulation cannot be part of the perfect solution.
We have never had a perfect version of anything but are we pursuing perfection or good enough?
You could say the same about abandoning capitalism for another type of economy wholesale.
The point is that there has always been regulation because when we have tried removing it (look up grain shortage in France during the mid to late 1700’s due to export deregulation) and it ends up the same. Deregulation isn’t the answer.
There is no “seeking perfect deregulation”, only the admittance that deregulation cannot be part of the perfect solution.
My point is the market has never been perfectly free but do we need it to be perfectly or just well regulated and mostly free?
Oh, well yeah I’d say that’s the best choice to move forward.
The market was perfectly free in the beginning of human history. But we quickly realised that it only benefits scammers and murderers.
There was no market in the beginning of history.
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