Quote:
Originally Posted by aceventura3
I somewhat fall into this category for a number of reasons. One being that the perception of a regulated market often gives people a false sense of security and results in them taking on too much risk.
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One of the functions of market regulation is risk analysis and management. A failure to adequately regulate a market does not mean market regulation doesn't work. It needs to be fixed, is all.
The sooner we figure out how to adequately regulate things on a global level in a way that is compatible enough for it to work, the sooner we "fix" capitalism. There are too many people putting a lot of stake in the "good" things globalization has to offer while ignoring some of the more dangerous elements--the elements that go awry when left unwatched (let alone unmanaged).