What's the difference between governments & market-based organizations?

The key difference between private market-based institutions and government institutions is we have practical ways to control market-based institutions.  --L. Reichard White, July 23, 2013, 17:22:19

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Is government your friend?

Government has no friends only slaves. --Jon Smith

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Democracy & ice cream

"Democracy" is not only two wolves and a sheep voting on lunch, it's 310 million Americans going to Baskin & Robbins and deciding on one flavor. --L. Reichard White, July 20, 2013, 13:22:32

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"Unfettered Capitalism" - - -

"Unfettered Capitalism" = protected from competition -- usually by "regulation" -- (and/or subsidy) by a government. Otherwise "capitalists" are seriously fettered by "we the customers." Which is why the capitalists engineer protection -- usually by regulation -- (and/or subsidies) from a government.  --L. Reichard White, Saturday, July 20, 2013 10:54 AM

P.S. This is the ultimate result of what, when applied to bank bailouts, is called "moral hazard" as businesses learn how to get governments to underwrite their operations -- using taxpayers' money. 

Where Chaos Comes From

Chaos doesn't come from folks with many different ideas, it comes when someone tries to impose one of those ideas on everyone.  --L. Reichard White, Friday, July 05, 2013 11:31 AM