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 Originally Posted by spoonitnow
*insert line about how the entire problem could be sorted out by a free market without government intervention*
Tangentially related, that whole thing also gets into a discussion of if the government should protect gambling addicts from themselves through regulatory measures, etc.
Hmmm, ok ok, let's continue with the mind experiment
Technically, isn't the free market in play at all times? Aren't they free to do as they wish? Didn't they out of their free will choose this particular path, with resulted in their ridiculous "reprimand" by the FTC? I mean, it IS a scam after all. If this wasn't a problem with the FTC, why would they stop scamming?
How would the free market solve this problem without government intervention? Wouldn't you still need the same whistleblowers and the same watchdogs that are paying attention to sound the alarms? Or would it be done in a completely different way that we do not know of but we'd have to trust because it's the free market and it can do no wrong?
So would this particular scam not be a scam in a fully free market?
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