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Hint. Free Markets is why we have a thriving middle class. All counties that attempt to eliminate and replace it end up collapsing. Venezuela is the latest e
by treeman79 3y ago
Hint. Free Markets is why we have a thriving middle class. All counties that attempt to eliminate and replace it end up collapsing.
Venezuela is the latest example of a socialist paradise where the children now eat out of garbage cans.
- nologic01 3y agoOur free markets are hardly free. Pick any sector and play an easy and educational "find-the-oligopoly" game. Hint: grow beyond the free markets vs the soviets debate. It shows a rigidity and simplicity of thinking that makes any discussion pointless Truly free markets have a role to play in a future sustainable abundance scenario. But the current actors parroting "free markets" will definitely not take us there.
- treeman79 3y agoGovernment / regulatory capture is a really bad thing. Businesses that can use the government to shut down competitors is bad. None of that is free market. Companies that are indistinguishable from government are bad. Tax payer Subsidies to pick winners and losers are bad. None of those are free market. People often argue against free market by pointing at things that are the opposite of free market.
- yoyohello13 3y agoProponents of the free market often seem prone to the no true Scotsman fallacy.