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Free market economists are followers of a cult full of animistic creatures, like the "Free Market" and "Inflation", which have their own volition and just choos
by seu 3y ago
Free market economists are followers of a cult full of animistic creatures, like the "Free Market" and "Inflation", which have their own volition and just choose to "stick around" or "fairly distribute goods", without the need for absolutely no human to many any decision at all.
"This damned inflation is so sticky!" I imagine one of them complaining, while trying to wash it off their hands.
"Yeah, if only Free Market could solve it," says the other, while praying the Corporate Profits to raise even more.
- yanderekko 3y ago>Free market economists are followers of a cult full of animistic creatures, like the "Free Market" and "Inflation", which have their own volition and just choose to "stick around" or "fairly distribute goods", without the need for absolutely no human to many any decision at all. If you can't find a narrative of how "human decisions" caused inflation in 2021-2022 you aren't trying very hard. I'd say that believing that there was an exogenous shock to greed during the pandemic is much more animistic than these explanations.
- proc0 3y agoPrinting money to handout to people is not part of any free market theory I know about. Also buying banks with tax payer money to avoid their fall is also not part of any FREE market. When some business get saved but others are forced to close (for any reason), there is no free market. In fact those things are precisely the opposite of "free" and create an uneven playing field where big players have unfair advantages.