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Okay ... Dragonlady ... I may smack her around a little ... But it's not even all her fault.
She doesn't understand what she doesn't understand ... And she certainly has limited exposure to any kind of free market.
She'll never really read what you are posting ... Unless she can adapt it to her understanding ...
And then turn it into her agenda, mantra, or narrative ... With only limited knowledge of what you're talking about.
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A laissez faire attitude towards a market is what allows it to remain free ... And the money or commerce ...
Chooses the winners or losers ... And keeps the influences 'in house' and closer to the market ...
Whether it be producers, laborers or consumers.
When the government is introduced ... They don't add anything to that part of the equation ...
Unless they are just a consumer ... And the government either raises or lowers the demand for the product ...
Or the standards by which it is produced.
Otherwise ... Any activity by the government in the market ... Through regulations or policies to enhance the market ...
Or to enhance the product and/or its conditions of production ... Is essentially their ability to pick the winners and losers ...
And they literally 'fix' the market ... When they put their thumb on the scale.
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As I mentioned before ... Whatever the consumers, producers or laborers may gain ... Is no longer within their control.
The money in the market doesn't solely control anything either ... Because the government has bottomless pockets ...
And the force of government behind it.
In light of that ... You are going to end up with two things for sure.
More avenues of corruption are one thing and self-explanatory ... Because a player that is not bound to the market ...
Is starting to pick winners and losers ... And they really aren't accountable for what they do or the mistakes they make.
The second thing that will start to come around ... Are 'previously uninvested players'.
They are not producers, laborers or customers ... They simply recognize that the government has 'fixed' the market ...
And they are going to capitalize on that ... Because the government picking winning and losers ...
Allows them to 'hedge their bets'.
And ... That's how you end up with major players in a market ... Who aren't dependent on the market itself ...
End up corrupting both the market and the government ... Because their money isn't directly attached to the market ...
Except in whatever ways ... They can manipulate that through the government ... That is 'fixing' the market.
The shame of it all is the stupid people that keep asking the government to do it ...
With the foolish idea they can trust the government ... Not to allow the corruption ...
They will in turn most certainly introduce to the market ... And bitch about the rich people controlling it all.
It's like ... What the fuck did you think was going to happen ...
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Hmm ... I hate to say it ... But that's not entirely accurate ... If you don't include how that happens.
The only way a market can escape controls established outside the market ... And not directly accountable within the market ...
Is to 'collapse' and 'correct' itself ... And everyone loses when that happens.
When the producers, laborers and customers feel that pain ... They will most likely ask the government to 'fix' it for them ...
And we already know what happens when they do that ... It's a vicious cycle ... And there are sharks in the water ...
They may do it a little better the second time ... But that will eventually erode ...
And we'll end up back where we were.
If people don't keep a laissez faire attitude ... Or understand to just leave it alone ...
And let it live or die of its own volition ... It'll never be a free market again.
That's not even counting everything the government will try to fix ... Not directly connected to the market.
Labor and Unions ... They in turn dump money into the government in attempts to influence the market.
Producers ... They dump money into the government in attempts to influence the market.
The Consumers ... They dump money and support to Empower the government ... To protect them.
And the Rich ... They'll just keep getting richer hedging their bets ...
Dumping money and influence into the government ... That everyone one else is counting on ...
Shit ... Economics at a base level ... Is as much a study of human behavior as the economy.
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