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There is a difference between free markets and unregulated ones. An unregulated market is unlikely to be a free market, turn into one or stay one. Most self-pr
by DasIch 10y ago
There is a difference between free markets and unregulated ones. An unregulated market is unlikely to be a free market, turn into one or stay one.
Most self-proclaimed free market proponents aren't advocating for free markets at all and couldn't care less about free markets, they just want an unregulated one in which they can do whatever they want.
Free markets are a tool, they don't always work (infrastructure, health care, other natural monopolies) and require careful maintenance in form of anti-trust regulation.
- icebraining 10y agoWhy are these conversations always filled with claims, with few arguments and no evidence? Not to pick on you specifically, it's just frustrating to see this again and again.
- DasIch 10y agoThe reason for that is simply that most of the time people aren't just making claims, they're referencing claims - just like I have. The arguments and evidence you think my comment is missing, isn't actually missing it's just implied. The claims I made specifically are essentially just repeating what Adam Smith wrote in The Wealth of Nations in the 18th century. This is fairly basic economics. Also not sure what the curriculum in the US (or elsewhere) is like but I learned about this in high school (well, at a Gymnasium which is supposed to be more advanced but still). I wouldn't bother to provide arguments, evidence or any kind of proofs in a discussion involving high school mathematics either.
- icebraining 10y agoYes, your post was a poor choice for my reply, I apologize.