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There are plenty of "free market" countries where the economy has failed too, so I think a little more evidence is required...
by bottled_poe 11y ago
There are plenty of "free market" countries where the economy has failed too, so I think a little more evidence is required...
- afsina 11y agoTell me some of those plenty. When there is little to no coercion from government I doubt any free-market society will fail. And even if it fails, it cannot be as miserably as those socialist ones. Freeing markets almost-always brings better economy.
- bottled_poe 11y agoI guess that depends how we define failure. Some might say 14.8% poverty in a western country would be a failure. https://www.census.gov/content/dam/Census/library/publications/2015/demo/p60-252.pdf https://www.census.gov/content/dam/Census/library/publicatio...
- afsina 11y agoLooking at the many definitions of poverty, historical living standards and global averages, I say it is quite ok.
- mineshaftgap 11y agoI make $70,000, pay little in taxes, except property, and the government pays for my children's healthcare. People misunderstand the US. Hell, I qualify for public housing, I guess I am considered as living in poverty, which is fairly ludicrous.