Quote:I understand the theory behind it but I just dont understand how people can put all this faith in businesses to not take advantage of people. They do it now whenever they can, why would they do it with even less regulations/rules? Small local businesses will sure, in fact I see them doing it every day around town here. Small businesses wont thrive if you allow the market to run rampant. They will not last. 

 

Some economic theories are really just about belief. You either believe them and no mounting pile of evidence against them will dissuade those who already hold the belief or you simply don't believe them because you've never seen any proof that they are correct. In cases where the tenets have failed it's not the fault of the ideology, it's either the fault of those implementing it not going in hard enough, or outside forces causing problems.

 

Hence how we currently have republicans who are seen as liberal when in fact all ideology in the USA is further to the conservative side now than it's ever been, in spite of the unending failings of those beliefs to improve the socioeconomic situation of the vast majority in the country.

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