The United States is supposed to be the exemplar of free markets, but by any reasonable investigation of such, we see demonstrated in actuality that this is not a nation of free markets, but rather consists of far too many situations in which some well positioned companies are backstopped by being “too big to fail,” in addition to those other well-placed corporations which are monopolies, near-monopolies, duopolies, or essentially cartels in everything, but in name.
Perhaps the general population doesn’t mind this, in the sense, that those mega-corporations that essentially own this country and thereby boss this country around, do, for the most part, a fairly able job in providing the basic needs and accouterments that we as the general public, are so accustomed to and are desirous of. So too, some of these mega-corporations are truly innovative, with strong research and development departments, of which, they consistently as well as reliably put forth better products at price-points that are to a great extent, reasonable.
There are, however, a lot of problems with a structure that permits these institutions to never fail, while also providing them as well as others with carte blanche to buy out and to assimilate those companies that are much smaller, nimbler, and innovative, than they actually are, which thereby serves to cheat the public of actually experiencing free markets in some of the most important areas of interest for them. Additionally, when certain markets are controlled by essentially only one player or a group of players that act in concert with one another, as in a cartel, then when things go horribly wrong for these entities, this government has proven that it will clearly protect, serve, and reinvigorate those favored industries and companies at the expense of everyone else, of which, the governmental outcasts, on the other hand, must thereby continue to sink or swim, on their own, without such valuable aid being available to them, ever.
That is to say, when a government has favorites in the corporate world that it will do any and everything for, this means that those privileged companies are thereby protected from the vagaries as well as from the true competition of the free enterprise system, so that their inevitable mistakes, missteps, and greed, are covered by the government, on their behalf. This signifies that these fortunate companies are truly in the catbird seat, thereby not having to worry about failure, for they cannot failed; which means that on the flip side, those that are nobly trying to compete and to make their way in the world, consequently have to deal with a more limited upside, because what they so find is that the pie of prosperity has already been pre-allocated to those that are protected and favored, as opposed to those that are not.
A vigorous and vibrant free enterprise system, should have winners and losers, which should invariably change as well as to adjust over time, of which, the whole point of the exercise is for those that are too inefficient, too incompetent, and too complacent, should thereby be rightly surpassed by all those that are better managed, better organized, and better in aggregate for both the public as well as the company, which is what the free enterprise system is supposed to actually represent, in action.