If there was no government to help JP Morgan...
https://www.huffingtonpost.com/2012/06/19/jpmorgan-chase-government-subsidy_n_1608859.html
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If there was no government to help JP Morgan...
https://www.huffingtonpost.com/2012/06/19/jpmorgan-chase-government-subsidy_n_1608859.html
I agree that subsidies are ridiculous. Imagine though is the Rockefeller company had not been forced to dismantle? What would the oil industry in America let alone the world look like today. If JPMorgan was not forced to un-monopolize they would not need the 14 billion(which is atrocious) imagine what our financial institutions would be like today. My point is that without the regulations that are placed on companies stop them from setting the market standard. Imagine if Verizon or Time Warner took hold of the entire countries telecommunications network . We would be forced to pay for things that did not make sense if we wanted to use the service.
In a free market there would be MUCH MORE competition throughout industries than what we see today. If we weren't happy with Verizon service someone can create an alternative to suit the needs and wants of the market (without having to jump through hoops first)