And what does it have to do with free market? Further, if greed and fear levels diminished, it should negatively affect free market, as I see it. Greed makes people strive for more, fear prevents them from losing what they already have...
I don't see your point, provided you have any
What do you mean what it has to do with the free market? Havent you read what I wrote.
It means that humans can choose what to buy or sell, and humans can infuence and punish bad companies, bad products.
But when the government gives them legal shield and tax payer bailouts, its no longer a fair game, and that is not a free market anymore.
Free market also implies fairness, like fair-play in sports, no cheating is considered moral, not even if you are in a highly competing position.