[P2P-F] self-regulating markets

[Samuel Rose]

On Mon, Jun 20, 2011 at 3:31 PM, Apostolis Xekoukoulotakis
<xekoukou at gmail.com> wrote:
> I think by self-regulated he means that the government doesnt regulate the
> markets. He goes on to show that self-regulation is in fact regulation by
> few corporations, thus the free market is only a myth. He then goes to
> explain why free market proponents have promoted the idea that the state job
> is only  that of 'punishing' those who do not abide by the rules, and have
> withheld the true nature of the economy. That is what i understood by
> reading the synopsis.
>


Thank you.


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?

> 2011/6/20 Samuel Rose <samuel.rose at gmail.com>
>>
>> On Mon, Jun 20, 2011 at 3:18 AM, Michel Bauwens <michelsub2004 at gmail.com>
>> wrote:
>> > a recent book on the myth of free self-regulating markets, from the
>> > University of Chicago of all places:
>> >
>> > basic thesis: self-regulation is always done for the benefit of the few
>> > ...
>> >
>> > but the larger question is: have their ever been, apart from illegal
>> > markets, self-regulated markets? nearly all market activities are
>> > incredibly
>> > embedded in institutional regulations, norms, etc ..
>> >
>> > if indeed self-regulated markets are few and far between, then the
>> > question
>> > is more: what kind of regulations, and who produces and controls the
>> > regulations and the regulators,
>> >
>>
>> Can you talk some more about what you mean exactly by
>> "self-regulating"? How do I identify a "self-regulated" market?
>>
>> --
>> --
>> Sam Rose
>> Hollymead Capital Partners, LLC
>> Cel: +1-(517)-974-6451
>> email: samuel.rose at gmail.com
>> http://hollymeadcapital.com
>> http://p2pfoundation.net
>> http://futureforwardinstitute.com
>> http://socialmediaclassroom.com
>>
>> "The universe is not required to be in perfect harmony with human
>> ambition." - Carl Sagan
>>
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-- 
--
Sam Rose
Hollymead Capital Partners, LLC
Cel: +1-(517)-974-6451
email: samuel.rose at gmail.com
http://hollymeadcapital.com
http://p2pfoundation.net
http://futureforwardinstitute.com
http://socialmediaclassroom.com

"The universe is not required to be in perfect harmony with human
ambition." - Carl Sagan