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Originally Posted by sperbonzo
That is not correct INHO. Competition and "greed" are functions of a free market. Corporatism stifles competition, innovation, and increases prices to consumers in order to benefit a few friends of the politicians and regulators. If it wasn't for corporatism, a free market would have allowed much faster and more wide-ranging innovation in the name of competition and "greed". America became an economic powerhouse in spite of creeping corporatism, not because of it.
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Show me an industry that has been stifled by corporatism and give examples of this stifling in action. Google came out of nowhere, there was Yahoo, AltaVista and others - Google grew into a behemoth by putting out better products, and now they are so dominant that it is not easy to compete with them. Nobody stifled Google. We do have anti-trust laws to keep some competition going even when the monopolist has not done anything egregiously wrong.
As for less regulation, that sure worked out well in the banking industry.
Bankers and businessmen need to be regulated, they are unable to control their urge to make as much money as possible with no regard for the harm they cause. We want alpha dogs like them, we just need to keep a leash on them and yank hard when they cross the line.