Talk of The Villages Florida - View Single Post - This place needs a laugh.
View Single Post
 
Old 04-16-2012, 12:08 PM
Guest
n/a
 
Posts: n/a
Default

Quote:
Originally Posted by Taltarzac725 View Post
It is way too simplistic though. Capitalism assumes that the players in the game are equal. Often they are not. That's when the state needs to step in.

Alexander Hamilton seemed to get that point in The Federalist Papers. Writers of Securities Law, Banking Laws, and Anti-Trust Laws also seem to get that point.

Also not sure how that would apply with a computer making thousands of transactions per minute on Wall Street either. Trading Shares in Milliseconds - Technology Review
It absolutely does NOT make the assumption of being equal....