PDA

View Full Version : Free market prosecution of corruption?




Knightskye
03-11-2011, 12:09 AM
How would a free market root out corruption?

low preference guy
03-11-2011, 12:12 AM
well, let's see how corruption gets started. an example of corruption is when somebody in the government is supposed to give subsidies to farmers and he gives it to his friends. but if the government didn't have that function, that particular form of corruption would not occur ever.

most forms of corruption occur within government departments. eliminate them all and you eliminate the corruption.

AZKing
03-11-2011, 12:52 AM
How would a free market root out corruption?

Having a government that actually enforces fraud laws would be a start, even if it isn't really free market. That is the purpose of government though.

madfoot
03-11-2011, 01:04 AM
Having a government that actually enforces fraud laws would be a start, even if it isn't really free market. That is the purpose of government though.

Good point.

trey4sports
03-11-2011, 01:35 AM
In a free market there is no one to prop up businesses that are corrupt, and the business has to answer directly to it's consumers.

One thing that I have noticed is that when gov't interferes in the market and subsidizes and regulates certain businesses it limits the ability of the market to regulate any given business and root out corrupt businesses.

If ________ store is given subsidies of $_____ from the gov't it will attain a certain market share that is above what if would get in a free market. This makes them less likely to respond to what consumer pressure.

The bottom line is that when there is no moral hazard provided by the government and there are no middle men between ___ business and it's consumers then that is the best possible environment for the business to respond to its customer base

Wesker1982
03-11-2011, 10:40 AM
How would a free market root out corruption?


http://www.youtube.com/watch?v=Bqo7XMkbtEk

Knightskye
03-11-2011, 08:36 PM
Having a government that actually enforces fraud laws would be a start, even if it isn't really free market. That is the purpose of government though.

After the 'stuff' hits the fan, the Department of Justice prosecutes people? And would that be a good enough answer to a progressive -- the government will take care of it after-the-fact?