Who is more scientifically learning, the Left or Right?

1 hour ago, npts2020 said:

It could be if terms like "price gouging" and "unacceptable profit margin" were well defined and discouraged but that is regulation, anathema to the capitalist who will want to squeeze every dime they can from any transaction.

However, the better-regulated market economies have the means to deal with that, via their anti-monopoly provisions. You don’t need to define an acceptable profit margin, which is just as well since it is impossible to define in any sensible way across more than a handful of similar industries. Instead you ensure there is scope for competition and market collusion is forbidden by law.

When I worked for Shell in Europe, we all had mandatory training, repeated every 3 years, on the imperative never to engage in market practices that could be considered anti-competitive.

Edited June 7Jun 7 by exchemist