Retaliation yes, regulation no

Reader comment on: Unregulated Capitalism
in response to reader comment: those who favor "unregulated capitalism"

Submitted by Harry Binswanger (United States), Jan 5, 2019 23:15

I'm in favor of government--but only as the agency for protecting rights. That means using retaliatory force--the police and military--against force that has been initiated by some party. Regulation is preventive law: "prove to us that you are not going to act wrongly." It's an improper exercise of government power (and didn't exist for the first century of the U.S.) because it holds the citizen guilty and demands that he satisfy some board of his innocence.

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Title By Date
Mencken on "regulated" capitalism [96 words]Irwin ChusidJan 1, 2019 21:18
Count me in [106 words]Harry BinswangerJan 1, 2019 18:09
"Unregulated Capitalism" [55 words]Stuart DunnJan 1, 2019 18:08
↔ My thoughts [82 words]JamesAug 18, 2020 03:24
those who favor "unregulated capitalism" [12 words]Irwin ChusidJan 1, 2019 17:55
↔ ⇒ Retaliation yes, regulation no [76 words]Harry BinswangerJan 5, 2019 23:15
Not particularly useful [76 words]John GillisJan 1, 2019 17:25

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