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What point are you trying to make, lol?
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Tell me what your version of the "market" is free from?What if the monopolies buy off the regulators and the politicians who appoint them?I thought Monopolies are explicitly illegal under US law? In a case where they weren't, I would imagine we'd see some negative consequences for consumers.
But they are...
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Might we have white collar crime without any punishment?
We always end up with a liberal offering an example of criminals who break the law. As far as I am aware, liberals have no magic ability to establish laws that no one will break. So, it's safe to say, regardless of what we do, people will always break the law and need to be caught and prosecuted. In a free market system of competing capitalists-consumer-government, there are different entities who serve to 'monitor' one another and blow the whistle when something is not right. It's the closed statist Socialist system you advocate, which completely eliminates these different parties, and puts ALL of it under purview of one entity, the state. They aren't going to blow the whistle on themselves.
So while you think you are being brilliant, raising the fact of criminal behavior, you've actually made one of the most important arguments for free market capitalism.
Tell me what your version of the "market" is free from?
Is it free of undue rentier (FIRE sector) influence or free from democratic regulation?
We live in a country where liberal and conservative politicians depend on the same 1% of the population to fund their election campaigns and retirements.
In 2008 that oligarchy nearly collapsed the global economy, putting millions of productive workers out of work and, in some cases, out of their homes, as well.
In spite of that epidemic of control accounting fraud we have yet to see a single capitalist prosecuted, much less convicted and jailed, in fact we've just seen one more appointed to Obama's Cabinet.
It seems to me "competing capitalists" are just as corrupt as statists when they seize the levers of government.
It's difficult to comprehend this post, you seem to be jumping around from one meme to another in an emotive rant, but I understand you think it's making perfect sense.
"Free market" means, a market structure in which the distribution and costs of goods and services, along with the structure and hierarchy between capital and consumer goods, are coordinated by supply and demand unhindered by external regulation or control by government or monopolies. "Free enterprise" means we live in a society where you are free to compete in the free market system. Competition in this system ensures the best prices and quality for consumers, across the board. Nothing ever tried in the history of man, has EVER been as successful at raising overall quality of life, bringing people out of poverty, and creating millionaires. NOTHING.
What you and the Occutards want, is a Socialist-Marxist system, where the State controls prices instead of supply and demand, where the State holds monopolies and there is no capitalist competition. This system leads to graft and corruption on a scale we can't even fathom in a free market system, because there is no mechanism of competition. The wealth is not redistributed, it is accumulated by the "New 1%" who are now the people who control all the political power... not just "influence" it, but actually control it outright!
Tell me what your version of the "market" is free from?
Is it free of undue rentier (FIRE sector) influence or free from democratic regulation?
We live in a country where liberal and conservative politicians depend on the same 1% of the population to fund their election campaigns and retirements.
In 2008 that oligarchy nearly collapsed the global economy, putting millions of productive workers out of work and, in some cases, out of their homes, as well.
In spite of that epidemic of control accounting fraud we have yet to see a single capitalist prosecuted, much less convicted and jailed, in fact we've just seen one more appointed to Obama's Cabinet.
It seems to me "competing capitalists" are just as corrupt as statists when they seize the levers of government.
It's difficult to comprehend this post, you seem to be jumping around from one meme to another in an emotive rant, but I understand you think it's making perfect sense.
"Free market" means, a market structure in which the distribution and costs of goods and services, along with the structure and hierarchy between capital and consumer goods, are coordinated by supply and demand unhindered by external regulation or control by government or monopolies. "Free enterprise" means we live in a society where you are free to compete in the free market system. Competition in this system ensures the best prices and quality for consumers, across the board. Nothing ever tried in the history of man, has EVER been as successful at raising overall quality of life, bringing people out of poverty, and creating millionaires. NOTHING.
What you and the Occutards want, is a Socialist-Marxist system, where the State controls prices instead of supply and demand, where the State holds monopolies and there is no capitalist competition. This system leads to graft and corruption on a scale we can't even fathom in a free market system, because there is no mechanism of competition. The wealth is not redistributed, it is accumulated by the "New 1%" who are now the people who control all the political power... not just "influence" it, but actually control it outright!
Look - I'm a free market guy, however what's your take on a situation where a company spends millions of dollars to influence and manipulate legislation in a way that benefits the company that can spend the millions of dollars?
Take tax laws, for instance. I've read that the more a big company spends on lobbying for tax breaks, the more money that entity will end up saving (in practice).
Now, I'm fine if ALL companies get a tax break, but I don't believe it's fair when one gets a break just because it has more $'s.
Do you have any concern over a growing corporate control over our political process and/or see any problems with that?
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There is no such thing as earning too much money in the private sector.
There is no such thing as earning too much money in the private sector.
Sure, but we need to examine the word "earning".
If a Corporation dumps $10 million into lobbying for tax breaks, and gets them (while the little guys don't), and saves $100 million as a result...
...did they "earn" those dollars ethically?
Is there something to be said about that?
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There is no such thing as earning too much money in the private sector.
Corporate CEO's are not paid to be ethical, they are paid to increase revenues and earnings. If you're looking for ethical behavior, stay away from Wall Street.There is no such thing as earning too much money in the private sector.
Sure, but we need to examine the word "earning".
If a Corporation dumps $10 million into lobbying for tax breaks, and gets them (while the little guys don't), and saves $100 million as a result...
...did they "earn" those dollars ethically?
Is there something to be said about that?
.
There is no such thing as earning too much money in the private sector.
Sure, but we need to examine the word "earning".
If a Corporation dumps $10 million into lobbying for tax breaks, and gets them (while the little guys don't), and saves $100 million as a result...
...did they "earn" those dollars ethically?
Is there something to be said about that?
.
Corporate CEO's are not paid to be ethical, they are paid to increase revenues and earnings. If you're looking for ethical behavior, state away from Wall Street.
Corporate CEO's are not paid to be ethical, they are paid to increase revenues and earnings. If you're looking for ethical behavior, state away from Wall Street.
Also stay away from government.
It depends on the CEO. The average CEO makes $87,000/yr and earns every cent of it. I seriously doubt that most of the ones making over 25 million are worth the money they are paid.There is no such thing as earning too much money in the private sector.
why on earth would idiot liberals care what CEO's make??
Even if you stole half of what all the fortune 500 CEO's make it would run the government for about 8 hours!!!
half of what they make is about $3 billion per year, one bad decision can cost just WalMart alone (sales $500 billion) more than that!!
It seems CEO's are under paid if anything!!
It depends on the CEO. The average CEO makes $87,000/yr and earns every cent of it. I seriously doubt that most of the ones making over 25 million are worth the money they are paid.There is no such thing as earning too much money in the private sector.
why on earth would idiot liberals care what CEO's make??
Even if you stole half of what all the fortune 500 CEO's make it would run the government for about 8 hours!!!
half of what they make is about $3 billion per year, one bad decision can cost just WalMart alone (sales $500 billion) more than that!!
It seems CEO's are under paid if anything!!
Where does it say any form of economy has to perform ethically ? I have no political dog in this fight. I'm just saying that any natural balancing that supposedly occurs within a free market is negated by crooked politics. AIG is the best example I can come up with. Too big to fail. Where in the hell is that quoted in any economic theory ?
Where does it say any form of economy has to perform ethically ? I have no political dog in this fight. I'm just saying that any natural balancing that supposedly occurs within a free market is negated by crooked politics. AIG is the best example I can come up with. Too big to fail. Where in the hell is that quoted in any economic theory ?
we created the Fed to bail out companies to avoid runs and depression which is what was happening as Lehman and Bear failed.
Where does it say any form of economy has to perform ethically ? I have no political dog in this fight. I'm just saying that any natural balancing that supposedly occurs within a free market is negated by crooked politics. AIG is the best example I can come up with. Too big to fail. Where in the hell is that quoted in any economic theory ?
we created the Fed to bail out companies to avoid runs and depression which is what was happening as Lehman and Bear failed.
WE ?
Are you a Rothschild ?
we created the Fed to bail out companies to avoid runs and depression which is what was happening as Lehman and Bear failed.
WE ?
Are you a Rothschild ?
dear, it was the President and Congress who authorized the bailouts to prevent depression, not the Rothchilds.
Are you a typical conspiracy nut?
