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Chris Hu said:
o_O.Q said:

 

" even with restrictiond poor people get screwed over by having to pay higher insterests on loans and other such thinks.  Without any restrictions the rates would be even higher for poor people."

 

under a free market if there are areas where a particular service is overpriced the likelihood is high that a competitor can arise and offer that service at a better price 

 

but lets leave that for a second - under a communist regime why do you assume that you won't be taxed or charged at higher rates? what is stopping those in charge from doing so? are you aware of the taxes the peasants of the past had to put up with?

 

what a silly argument to raise lol

 

i mean you said yourself that the communist regimes of the past had few rich people... why do you think that is? think about it lol

Yeah, nope uncontrolled free market capitalism leads to monopolies which end up leading to higher prices and less choices.  I think you need to brush up on economics 101.

Show one example of free market capitalism monopoly.

Mises were only able to find only one, that was considered natural monopoly, relating to the Diamond company... and that was because there were basically one single mine producing that.

Every single other monopoly was formed by or with the help of governement, and if there was government control it isn't uncontrolled free market.



duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"

http://gamrconnect.vgchartz.com/post.php?id=8808363

Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"

http://gamrconnect.vgchartz.com/post.php?id=9008994

Azzanation: "PS5 wouldn't sold out at launch without scalpers."