Laissez-faire cultures that worked

Discussion in 'Economy' started by Ravi, Feb 9, 2009.

  1. Ravi
    Offline

    Ravi Diamond Member

    Joined:
    Feb 27, 2008
    Messages:
    81,405
    Thanks Received:
    12,697
    Trophy Points:
    2,205
    Location:
    Hating Hatters
    Ratings:
    +29,830
    Can anyone list them? I've tried to think of one and the closest I could get was the native American culture in North America...and we all know how well that worked out.

    What do you think?
     
  2. Mad Scientist
    Offline

    Mad Scientist Deplorable Gold Supporting Member Supporting Member

    Joined:
    Sep 15, 2008
    Messages:
    23,940
    Thanks Received:
    5,212
    Trophy Points:
    270
    Ratings:
    +7,684
    Sounds like your trying to re-label Capitalism which works just fine when gubamint keeps it's hands off. There's quite a list of government fuck ups out there. That means you Senators Dodd and Frank.

    How about this: You show us Communist and or Totalitarian gubamints that have worked.
     
  3. Ravi
    Offline

    Ravi Diamond Member

    Joined:
    Feb 27, 2008
    Messages:
    81,405
    Thanks Received:
    12,697
    Trophy Points:
    2,205
    Location:
    Hating Hatters
    Ratings:
    +29,830
    Start your own thread and quit assuming you know what motivated my question, dipshit.
     
  4. Bern80
    Offline

    Bern80 Gold Member

    Joined:
    Jan 9, 2004
    Messages:
    8,094
    Thanks Received:
    720
    Trophy Points:
    138
    Ratings:
    +726
    I don't know that there really ever has been one that was completely laissez-faire in the first place. Makes it pretty hard to know if it will work.

    The draw back of such a system is that people are dependant on each other to behave responsibly otherwise the system will collapse ala the Roman empire.
     
  5. Annie
    Offline

    Annie Diamond Member

    Joined:
    Nov 22, 2003
    Messages:
    50,847
    Thanks Received:
    4,644
    Trophy Points:
    1,790
    Ratings:
    +4,770
    Pretty much 19th C America comes close, UK too except for the unions.
     
  6. Truthmatters
    Offline

    Truthmatters BANNED

    Joined:
    May 10, 2007
    Messages:
    80,182
    Thanks Received:
    2,223
    Trophy Points:
    0
    Ratings:
    +2,233
    Nope , your wrong.

    They have all used regulations to temper Capitalism.

    There is NO evidence that unfettered markets create a livable society.

    Tempered Capitalism works very well when the regulations are wisely desided and altered as needed.

    Why dont you guys Help us perfect them instead of fighting every attempt to make them wise and well written?
     
  7. Bern80
    Offline

    Bern80 Gold Member

    Joined:
    Jan 9, 2004
    Messages:
    8,094
    Thanks Received:
    720
    Trophy Points:
    138
    Ratings:
    +726
    Which means there is no evidence that unfettered markets create a UN-livable society.
     
  8. Diuretic
    Offline

    Diuretic Permanently confused

    Joined:
    Apr 26, 2006
    Messages:
    12,653
    Thanks Received:
    1,397
    Trophy Points:
    48
    Location:
    South Australia est 1836
    Ratings:
    +1,397
    And there won't be if Obama's plan works - but it seems the Republicans would like to find out. :lol:

    But to address Ravi's question. No, there never has been such a society. Even Adam Smith would have cautioned against it.

    You can see the harm that lack of regulation causes so it must be that unfettered, unregulated, totally laissez-faire capitalism isn't good for a society. The US is the most laissez-faire-like economy in the world yet it still found it necessary to impose regulations, that should be telling. I don't mean to spit in the eye of all the Austrian School people here but an economic system should exist to serve the people of a society and a completely laissez-faire system leaves too many victims lying around.
     
    • Thank You! Thank You! x 1
  9. Truthmatters
    Offline

    Truthmatters BANNED

    Joined:
    May 10, 2007
    Messages:
    80,182
    Thanks Received:
    2,223
    Trophy Points:
    0
    Ratings:
    +2,233


    And not a shred that they would work.

    All this economic history of man and the "perfect system" never developed anywhere in the history of the world?

    Its because every time it exsisted for a second someone came along and abused the people who were trying it and made a monoply of the entire sytem.


    Unfettered markets can not exsist because someone always figures out how to corner the entire market.
     
  10. Kevin_Kennedy
    Offline

    Kevin_Kennedy Defend Liberty

    Joined:
    Aug 27, 2008
    Messages:
    17,590
    Thanks Received:
    1,581
    Trophy Points:
    205
    Location:
    Ohio
    Ratings:
    +2,027
    Didn't you make this thread once before?
     

Share This Page