Reply #4: Why do you think 1% of the population controls 38% of the wealth? [View All]

[Cool Logic]

Answer: Because our legislators let them have it...and by default, they too, become part of the 1%.

In every case that has been used by the statists as an indictment of the free-market and as an argument for a government-controlled economy, it was determined that the transgressions were made possible by government intervention in business.

The evils, popularly ascribed to "big corporations" are not the result of an unregulated markets, but of government power over markets. The villain is not the businessman; rather, it is the legislator.

Crony capitalism is not free-market Capitalism. And while private free-markets are not immune from immoral and/or unethical business practices, their market relations are voluntary--people are not forced to deal with one another. On the other hand, in a government-controlled market, coercion and force are standard operating procedures, e.g., the government forces us to buy ethanol.

http://www.opensecrets.org/news/2011/01/ethanol-lobby-finds-friends-foes.html