Should the market be deregulated or regulated?

[vanaken25]

please concise and clear answers with a source if possible? It seems that whenn govt regulates the Usa market the lobbyist come running and their votes are brought through bidding good example housing market crash senator chris dodds. If the market was deregulated and the federal reserve didnt distort the market - didnt manipulate interest rates, cause malinvestment, and excessive debt, will the market benefit all Americans poor or rich through supply and demand and self regulation- along with the laws already on the books and property rights.

[regenweald]

We had no regulation when the industrial revolution started, and look what happened. No, the free market system does not work without some regulation.

I do think you have a good point about lobbying, though.

I just think we should ban all money from politics and government!

[scirwode]

I believe in deregulated monitored markets that have control mechanisms that keep competition alive, keeps the few from owning the game, and promotes the best price through incentives for innovation and creativity.

Do I believe in deregulated markets for the sake of having them, with no laws, and no third party oversight? Hell no. That doesn't work because the winners in this system seem to take advantage.

In America, we had great regulations in banking and borrowing to buy investments. Then we did away with them, largely through lobbying. So the game use to be a lot more fair. Then the winners figured out how to change the rules in their favor.

I think a good example of a deregulated market is the Texas Electric market. It has had it's up's and downs. Seemed like it was going to fail, but for the first time in the electric arena, competition seems to be starting to work, but it was a long hard process and there were bad times.

[armin]

Reasonable regulation which ensures that business follow the same laws as everyone else, not dictate how or with whom they can or must do business. The housing crisis would not have occurred if the banks were not being forced to provide loans to people who couldn't pay them back.

[hyun-su]

:-) Free!!

Free markets create competition which creates lower prices and better quality servixes. Also free markets inspire creativity, exploration and inventions. :+)

[tredway]

REGULATED! Economic freedom is bad. We need a strong government to control everything and defend against teabaggers.

[atworth49]

regulated look what de regulation did, led to the global economic disaster courtesy of GWB