Is Free Market Good for Public?
Some people seem to believe that markets need to be free.  They are against interference of the government to dictate what participants can or cannot do.  This concept of a free market generally leads the privatization of the governmental function.  They think therefore it’s best to deregulate as much as possible.<p>I have to say that this is a ridiculous idea considering unfairness in our society.<p>It is a proven fact that most rich people are rich for the simple reason that they were born into a rich family, while most poor people will remain poor throughout their lives simply because they were born into a poor family.  Imagine the world where education, healthcare, public safety, criminal justice, national security and immigration are all up for sale(although it’s already happening in some countries...).  This makes our level of inequality worse than ever because the more money can buy, the more affluence matters.<p>What we need to do is not to discuss about the extreme logic between libertarianism and conservatism, but to decide what money should and should NOT be able to buy.<p>Seems to me that free market believer doesn&#x27;t realize that there IS a regulation that they value because they take its legitimacy for granted.  For example, there are many things that we are not allowed to trade.  Human slaves, human organs, electoral votes, government job and legal decisions, university places or uncertified medicines although they were legal before.<p>On top of drawing the boundary of the market, government needs to design the rule to prevent corporations from behaving unethically.  History tells us that corporation behave unethically without interference of the government.  Actually, we have been fighting for that.  Thanks to our ancestors, in a labor market, it is not allowed to have a child labor, and a minimum wage is protected by the government.<p>People who believe in free market merely oversimplify things to make it easy to understand for them.  What we truly need is a market with well-designed rules.