You mean the competitive market place we have today?
The one skewed by tax breaks, farm subsidies for corporate farmers, government support of bulk transport systems, futures market manipulation through automated bid spiking, . . .
That competitive market?
If it was truly a competitive market, I'd be with ya all the way.
Unfortunately, it's a huge business.
And where there's huge business, there's huge money.
And where there's huge money, there's a politician looking to "help" its constituents, 'cause, well, you know -- someone needs to look out for the little people (and, of course, be rewarded for their efforts).
What price should we tell Kellogg’s to sell it’s product at? I think we should take a poll. I’m sure we’d be just as informed in the decision as any of the politician’s when they set price controls.
It’s about centralization. Drive the little guys out of business, rubber stamp all the mergers in each industry; I think they call it “consolidation”. It’s easier for the gov’t to control industry that way.
Every business person I know has to struggle and compete. And that competition drives our prices down (unfortunately!)
Sure, our capitalist system is not free of distortion and corruption, but I still trust it 100x more than some centrally-planned economy.