While the the free market system needs capitalism, it needs a form of socialism just as much.
First things first, the capitalist system doesn't need the free market system to exist. Capitalism could very well exist in a system were every form off business is a part of a monopoly, and as every school person should know, competition is..... none existent. Now the free market system is predicated on da ta da completion.
Now getting back to socialism lite, regulation by the government has an effect of helping small businesses fight against big ones. The more businesses the more competion there is. The more competion there is the better t is for the consumer.
There are many who complain that the so called welfare state is bad for business. Putting a bottom or as I like to call, putting capital in to the hands of some people is actually good for business. Taking a way that extra capital is bad for business, just ask the people at Walmart and Kraft foods when congress reduced food stamps.
Wouldn't business be better off if it didn't pay the Heath insurance of it's employees but the government did.
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