Re: [P2P-F] self-regulating markets

Samuel Rose wrote:

It seems very fair to me to say that corporations are by virtue regulated by governments, and therefore cannot plausibly be viewed as "self-regulating". Each and every corporation has submitted it's existence to the government, and agreed to abide by the regulations of the government at least in reference to registering itself. What am I missing?

Governments are mostly unable to regulate corporations because those corporations are actually regulating governments through lobbying, bribery, blackmail and other subtle ways used to create or adjust laws.