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I'd say its the other way around. Free markets thrive when corruption is limited. So in that case yes, properly functioning free markets imply lower corruption.
Gee I don't know, ask the mafia or any street gang, or any criminal.
We don't have free markets anyway.
Mafia and gangs aren’t free market!
Free market doesn’t mean you do whatever you want. The word “free” means you do whatever as long as it doesn’t hurt other people. It doesn’t mean what you think “free for all.”
More regulation = more power over society = more damage done when those in power are corrupt... and corruption will always exist, unless we all become selfless angels.
I think there is less corruption in a free economy, but the more important point is that corruption is less dangerous. When you create this big powerful organization with permission to tell people what they can/can't do and decide where their money goes, the people in that organization can do a lot of harm at the expense of everyone else.
The more choice people have, the less corruption will affect them.
Free market doesn’t mean you do whatever you want. The word “free” means you do whatever as long as it doesn’t hurt other people. It doesn’t mean what you think “free for all.”
No it doesn't. I want to dump chemicals in a my backyard, which leach into local water tables. How is the free market going to punish me for what I do on my own land?
No it doesn't. I want to dump chemicals in a my backyard, which leach into local water tables. How is the free market going to punish me for what I do on my own land?
It’s ridiculous to think free market = free to do harm.
Did you harm others in your action? If yes (like what you said here), you would be punished as such.
By polluting the water, you are violating other people’s freedom.
Ask yourself why there is less prosperity and more corruption in colonies founded by Spain than England. The answer is Spain sold massive land grants and monopoly rights to a select few colonists. In the absence of relatively free markets corruption runs rampant.
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