You Play By Our Rules

polfilmblog

Much has been made of the so called "free market" which is a completely fictional fantasy. There is no such thing. There will never be such a thing. Money is created, or not, by people who set the terms of this "free" exchange system. Simple control of the money supply renders that "free" market idea moot.

The idea can be taken much further of course. The would-be new Robber Barons won't have much support from the people whose children will be working in their sweatshops, as was the case in the not so distant past. This struggle of labor against capital and capitalist monsters should be talked about. The new generations need to know what life was like in the Gilded Age for their class.

The capitalist vultures, who betray their own blather when they accept massive government bailouts, are illegitimate tin pot dictators who need to respect the rules of our society -- or they can start swimming.

Anything to add?

BShred

Republicans' ideal of free market is only a ploy to convince the public to remove very necessary regulations. However, a solid regulatory structure will allow free market to benefit society very efficiently.

I see this basically as a question of freedom vs. laws in our economy... and it is very much like a debate of freedom vs. laws in our society at large. People's freedom to spend their time how they want, associate with who they want, pursue the career they want and make their own life decisions is very very valuable. It is like most free market dynamics which naturally favors the things that are best for society. But valuing laws is just as important an ideal and one that our elite DOES NOT follow. These last twenty years it has been the economic equivalent of saying freedom to rape, rob, kill... do whatever you want. This deregulation has destroyed all the benefits capitalism is supposed to bring to our society at large and we might as well not even have capitalism. We need to fix this not by replacing our entire system, but by putting regulations back on that ensure opportunity, incentive, competition and supply and demand are used as fuel for progress that benefits ALL of society. I believe this would be a system so much more efficient and productive that most people here wouldn't even recognize it.

jacks

Every other proposed economic system is a complete fictional fantasy too. Especially socialism and communism.
This is a basic question of private or public ownership.
If the government owned all means of exchange, would our society be any better? Is it even possible for over 300 million people to come to own the means of production?

To some, A free market means that the government does not regulate/restrict business; but, will create laws to benefit them. To others, a free market means the government's sole duty is to protect people's rights and provide recompense for fraud or force.

If I remember correctly, corrupt politicians made the Gilded Age possible. So, no. Markets will never be free as long as politicians can be bought.

[Deleted User]

It seems that Union Boss Jimmy Hoff and his other Union boss friends are also the 1% but won't help their constituents.

http://gulagbound.com/22881/the-real-class-war-jimmy-hoffa-ohio-union-bosses-won%e2%80%99t-lower-dues-to-help-workers/

darcova

money was created by us lets get rid of it and by the way free sells the best

Howdy, Stranger!

Categories