Quote:
Originally posted by Botnst
The USA has one of the most free, open societies the world has ever seen. We also have one of the most free and open markets.
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Not true. There are plenty of countries with more open markets than yours. The US often places government restrictions on the market. This includes things like standards applying to weights and measures, health and safety, and transportation.
How? Well, what about false advertising? How about food safety regulations? Airlines? The FAA regulates the airline industry with respect to safety regs and securities. Even your stock markets are heavily regulated with respect to trading rules, fairness, and honesty.
This is one reason why North American markets work so well. Our consumers can buy a steak with a reasonable expectation of not dying of food poisioning. The list is very long.
Your "free" society is actually one of the most highly regulated and structured markets in the world. And it's why our respective economies are the envy of the rest of the world.