>b. that's an argument against big government, not an argument against capitalism
A government that is not large enough to upset an even playing field will also not be large enough to level an uneven playing field.
A government that is not large enough to upset an even playing field will also not be large enough to level an uneven playing field.
Government regulation is, ultimately, only one item in the civic toolbox of society. If it turns out this is flawed, and will in the long run generate more negative outcomes than positive ones, abandoning the tool does not mean abandoning the final goal. Instead, we must utilize alternate means of achieving the same ends... or accept that corruption as the price of our chosen path.
If you have strong enough coordination, we end up calling it "government".
Yet they do work, and we don't call labor unions "government".
There is litte correlation between the size of a govenrment and its ability to regulate.
Of course it depends on the size of your population/market, if you are small, a company can just leave the country rather then comply. However that is equally true for a small country with powerful government.
...effectively enforce the system of property rights which is the foundation of capitalism, since the latter is an example of the former.