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Comment A Universal Truth at Work (Score 4, Insightful) 398

We all want to have a monopoly on what we do for a living. We want limited competitor and supply s and be able to charge high prices. As consumers we want unlimited choices, lots of supply, and low prices. A free market will provide the latter and a command economy is required for the former. What we have now is the worst of both. Those with political power use it to restrict start up and small competitors while trying to have unlimited supply of cheap labor.

Comment Re:Why tax profits, why not income? (Score 1) 602

I limit my liability for driving by buying insurance. The more risky a driver the higher the rates. The same should apply to businesses. Except since the risk is externalized so companies are better off taking larger risks because they keep the benefits but socialize the risk.

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