[TheForge] Slack tank...POL OT
Andrew Vida
osan at netlabs.net
Mon Dec 20 15:52:14 EST 2010
peter fels & phoebe palmer wrote:
>
>> Just leave the market alone and we'll run out and switch
>> to something else.
> If the US waits that long we will be very broke and in a really nasty pinch.
Under the current system, yeah. I don't think any rational person
argues for that.
> Look how well the magic of the market worked on the last 2 market crashes.
Not a free market so your implication of causality fails.
> Look how well it did during the last energy crunch and the one before that.
> Look how well it did consequent to bush's deregulation.
Regulation has CAUSED plenty of the problems and is in fact the root of
nearly all of them. State-granted monopolies and oligopolies are NOT
elements of free market economies. I will add that "free market" does
not mean a free-for-all in the sense of anything goes. One must still
work within the boundaries of the correct principles, which provide for
expansive opportunity and avenues of choice while imposing vanishingly
small restrictions. It's not that difficult to comprehend or even put
into practice. Those in power don't want it because it removes the
guarantees that absence of real competition provides.
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