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IPFS News Link • Corruption

Why Big Business Prefers Lobbying Government to Competing in the Marketplace

• arclein

On an open market where only voluntary exchanges are permitted a business can only turn a profit by providing something that the general buying public wants. No matter how greedy the corporate fat-cats may be, if they fail to "cough up the goods" (and services) that people want, they will be out of luck. In this way, the market forces of otherwise self-interested people will apply their self-interest to social ends.