flack
Diamond Member
Blame a democrat for that.The free market has raised more people up out of poverty than any other economic theory ever.If you have a net worth of $4500 you are in the top 50% of the wealthy in the word. If you have a net worth of $93,000 you are in the top 10% of the wealthy in the world. So if you own or are buying a house you are in the 10% you rail about.,,,and yet, in microcosm..is this not exactly what happened...a 'free market' was replaced by Govt. ownership. Could an outside store compete with the Govt store?
Not unless the city closed down the grocery store itself.
Socialism is when you replace free markets with government.
The so called "free market" killed the only store in town to leave the people too starve.
Socialism reopened it and fed people.
There is no free market. That is a lie created by rich conservatives to justify their laissez-faire economic policy that has created the mess we're living with now.
Wage gap that is so unbalanced that people who work for a living actually qualify for pubic assistance.
Which gives more of our tax dollars to the 1% while the rest of us fight for scraps.
If we honestly had a free market tariffs wouldn't exist. There would be no such thing as the "farm bill" that gives billions to farmers and we wouldn't have trump giving them tens of billions more. We wouldn't have huge tax give aways and out right subsidies to big business such as the oil companies and America wouldn't be a first world nation and the richest nation in the world. We would be more like Somalia.
If you ever took an economics class you would know that unregulated capitalism destroys itself. All you end up with is monopolies and a destroyed economy.
The founders of our nation knew this which is why they included the Commerce Clause in the constitution. It gives the government the power to properly regulate business.
We have not had free markets in decades. Why is it that farmers can't freely sell their produce to China?