Free market capitalism

No apologies needed friend. Incompetence wasn't what I was going for. I'm saying that the natural evolution of society ends with the result of a few dominant people gaining power and ruining it for the rest of us. Rebuttals:"You are in effect saying that companies make money by killing their customers. Does this even need explaining? Companies don't want a reputation that claims they poison their customers, this they have every incentive to make sure their product is safe for their customers."This isn't what I was saying, neither was I giving the implication of such. I wasn't saying that companies directly poison their costumers, what I meant was health standards and regulation stop these disasters from occurring. Changes in standards of food are subtle, things like Trans-Fats have been banned because they have been proven to be extremely unhealthy for the consumer. Companies that used this product are no longer allowed to put transfats in their food; this benefits society as a whole. This simple regulation has taken one step further to preserve the health of the people. "You misunderstand, I'm not saying that if you own a business it is RIGHT to discriminate against people based on their race/gender/sexual orientation. I'm saying that because they own their business, they should have the right to associate with whomever they choose, for whichever reason they want. And that is a two way street. I think that it's immoral for a consumer to refuse to do business with a certain store based off of the owner's race or sexuality, but would you say no, there must be a government regulation forcing people to shop at stores that they do not wish to shop at? I doubt it.I'm only going to be able to address snippets of your last two paragraphs because I'm running low on time." These laws are designed to help laborers. I can shop in whatever store I want because what I am doing does not call for regulation. I meant that businesses, when they are hiring someone, should judge the applicants based on merit and not personal bias. This keeps society going, this allows all kinds of people to attain jobs, that in a free market society, they wouldn't have been able to apply. Without a free-market, businesses can still choose who to associate themselves with. Free-Market Capitalism isn't the only form of capitalism, there are many more that allow for free association.Me shopping at places has nothing to do with economic regulation. "If company A has a starting wage of $7.00/hr. I work there and am in satisfied. Company B says that he'll pay me 8.00/hr, so I go there. Company B did this because it was worth it to him financially, and he felt that I could make more than 8.00/hr for him. That's how wages are determined, by the value of the employee to the employer. That's why you never hear about a minimum wage for CEOs."You missed my point here. Society sometimes fails, we all know that, and this calls for people working at very low paying jobs. People with criminal records or people without diplomas have difficulties finding high paying jobs. Most of the time they have to settle with the first company that accepts them, which may not pay the most. Minimum Wage protects these people from having a non-livable income, companies can only pay people $7.25 or higher so the workers themselves are protected from poverty and homelessness. They are given the opportunity to put food on the table. regardless of what job they have. Some people protest to raise the minimum wage because eventually it becomes unlivable, this is where the democratic principles come in. The government proposes an increase to $10.01/hr and the people collectively vote (including business owners) to set it as the minimum wage. If it fails, then it fails, there is nothing they can do about it, if the majority believe the minimum wage is livable then it will remain livalbe. Without regulation, you would have a massive amount of fluctuation and inequality amongst the working class, this causes economic instability, which eventually causes a collapse. "And I almost forgot: " Regulation isn't violent." No? Then try not complying with them, and we'll see how nonviolent they are."Regulation is a necessary evil, we use it to maintain order and stability, protect the working class, and ensure the government is free of aristocratic corruption. If I were to disobey regulation, then I would be given a hefty fine! It is capitalism after all!Summary: Free Market Capitalism is for small time labor. Regulation preserves the rights of the workers in a society, establishes a set minimum wage, creates institutions for assisting struggling individuals, puts a cap on corporate corruption, protects the health and lively hoods of the consumers, and maintains economic and social stability. Responsible Democratic Capitalism is far superior to Free Market Capitalism because it protects and preserves the rights of all classes in a society. Regulation is a necessary evil. Laws ensure the safe keeping of all races to be allowed to work where ever they want without the bias of others dictating their future. This was fun, I have always agreed with most principals of Free Market Capitalism. However, I believe there must be some form of regulation in order to protect the rights of the people that work at the voluntarily constructed businesses. Thank You for your great arguments, let us now be judged by our peers, for they hold the key to both of our victories. Thank You,Bisking