Monday, October 26, 2009

Humans need regulation

It’s not that we’re all evil. It’s just that we all think about our own welfare first. It’s probably instinct imprinted in our DNA.

But it’s why we have laws, social rules and governments. Why religions evolved. Why we need regulation.

So when free-marketers proclaim that businesses, corporations and investors should be completely unregulated, they’re ignoring human nature. They’re disregarding thousands of years of history. They’re either kidding themselves or lying to us.

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