> Isnt competition in free markets healthy? Doesn’t it tend to benefit everybody over time as products and services improve?
No? Hence the need for regulations. The free market and competition are not inherently good things. They can be very, very bad for your average citizen.
I don’t think anyone is arguing for no regulation. I am supporting competition within a regulatory framework. Constitutional, consumer, environmental, and other similar protections are all critical. It’s a reality that there remain very different philosophies regarding local governance — taxation, public services, public-private partnerships, etc. and some appropriate level of competition seems to be the best way to test competing approaches and compare outcomes.
No? Hence the need for regulations. The free market and competition are not inherently good things. They can be very, very bad for your average citizen.