The Free Market

Discussion in 'Politics' started by manifold, Oct 12, 2009.

  1. manifold
    Offline

    manifold Diamond Member

    Joined:
    Feb 19, 2008
    Messages:
    54,553
    Thanks Received:
    8,072
    Trophy Points:
    2,030
    Location:
    your dreams
    Ratings:
    +31,392
    In an absolute sense, there is no such thing.

    But beyond that, what do you think you know about free market principles and the pros and cons of putting these principles into practice?

    Discuss
     
  2. Kevin_Kennedy
    Offline

    Kevin_Kennedy Defend Liberty

    Joined:
    Aug 27, 2008
    Messages:
    18,000
    Thanks Received:
    1,611
    Trophy Points:
    205
    Location:
    Ohio
    Ratings:
    +2,169
    The free market is the answer to our problems.
     
  3. Old Rocks
    Offline

    Old Rocks Diamond Member

    Joined:
    Oct 31, 2008
    Messages:
    53,088
    Thanks Received:
    6,335
    Trophy Points:
    1,840
    Location:
    Portland, Ore.
    Ratings:
    +14,576
    The 'Free Market' as envisioned by so many ideologues is just as likely to work as the acts of the 'flower children' are to bring an end to war. Neither idea takes into account human nature. And both founder on the omission.
     
  4. manifold
    Offline

    manifold Diamond Member

    Joined:
    Feb 19, 2008
    Messages:
    54,553
    Thanks Received:
    8,072
    Trophy Points:
    2,030
    Location:
    your dreams
    Ratings:
    +31,392
    How free?
     
  5. Kevin_Kennedy
    Offline

    Kevin_Kennedy Defend Liberty

    Joined:
    Aug 27, 2008
    Messages:
    18,000
    Thanks Received:
    1,611
    Trophy Points:
    205
    Location:
    Ohio
    Ratings:
    +2,169
    The same could be said about Keynesian ideologues.
     
  6. Kevin_Kennedy
    Offline

    Kevin_Kennedy Defend Liberty

    Joined:
    Aug 27, 2008
    Messages:
    18,000
    Thanks Received:
    1,611
    Trophy Points:
    205
    Location:
    Ohio
    Ratings:
    +2,169
    Completely free.
     
  7. manifold
    Offline

    manifold Diamond Member

    Joined:
    Feb 19, 2008
    Messages:
    54,553
    Thanks Received:
    8,072
    Trophy Points:
    2,030
    Location:
    your dreams
    Ratings:
    +31,392
    You think no laws and no enforcement of contracts would be an improvement?


    Interesting.
     
  8. Kevin_Kennedy
    Offline

    Kevin_Kennedy Defend Liberty

    Joined:
    Aug 27, 2008
    Messages:
    18,000
    Thanks Received:
    1,611
    Trophy Points:
    205
    Location:
    Ohio
    Ratings:
    +2,169
    The free market doesn't mean lawlessness. Contracts would be enforced and fraud prosecuted.
     
  9. PatekPhilippe
    Offline

    PatekPhilippe Senior Member

    Joined:
    Jul 30, 2009
    Messages:
    8,171
    Thanks Received:
    1,200
    Trophy Points:
    48
    Location:
    Sasebo Japan
    Ratings:
    +1,200
    From encarta
    This pretty much sums it up. The only time government should step in is when a problem arises and regulation needs to be implemented or enforced. Other than that the government should mind it's own business.
     
  10. manifold
    Offline

    manifold Diamond Member

    Joined:
    Feb 19, 2008
    Messages:
    54,553
    Thanks Received:
    8,072
    Trophy Points:
    2,030
    Location:
    your dreams
    Ratings:
    +31,392

    What you describe may be a mostly free market, but it is most definitely not completely free. Which is why I asked, how free.
     

Share This Page