[P2P-F] self-regulating markets

Mon Jun 20 23:22:08 CEST 2011

As far as the Law is concerned, the government has the right to regulate. It
is the government's decision whether it does or not.
So the free market is self-regulated only because the government allows it.

2011/6/20 Samuel Rose <samuel.rose at gmail.com>

> 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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> >
> >
> >
> > --
> >
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> >
> > Sincerely yours,
> >
> >      Apostolis Xekoukoulotakis
> >
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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
>
> _______________________________________________
> P2P Foundation - Mailing list
> http://www.p2pfoundation.net
> https://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation
>

-- 

Sincerely yours,

     Apostolis Xekoukoulotakis
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