3 ms·
You refer to a market in the US that sells radishes for dollars as "free", which presumably means the identical market selling radishes for rubles in the USSR i
by pastProlog 10y ago
You refer to a market in the US that sells radishes for dollars as "free", which presumably means the identical market selling radishes for rubles in the USSR is unfree, and I am the one playing around? I have trouble fathoming definitions so steeped in ideology, it reminds me of the US Congress cafeteria renaming French fries as Freedom fries when France chose not to join the US on some imperial venture.
That's a minor point as you answered the question, sort of. But not to satisfaction. A market in the US or USSR sells commodities at a set price. People buy goods or they don't. The markets operate exactly the same.
As you're attempting to make a rational argument unlike others, I will get to the point. The markets in the US and USSR were the same, despite you following some US ideological line and calling the US one a "free" one. It is production that was different, and control of production. Misdirecting the difference from control of production to "free" markets is just more misdirection and sophistry (which is widespread, not particularly pertaining to you).
- knowaveragejoe 10y agoThe difference was already pointed out by tptacek - price discovery is an emergent phenomena in "free" markets, as opposed to set by some central authority. There's of course plenty of debate to be had about how "free" markets are in the West, as there are a variety of markets that are heavily regulated. But it is obvious which one is more "free" if we're comparing the USSR to the West, even if the difference is mostly symbolic.