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Meddle with the free market? INCONCIEVABLE!
by hackernewds 3y ago
Meddle with the free market? INCONCIEVABLE!
- deviantbit 3y agoA free market is one that is protected. Unfortunately nothing in the USA is protected. Our borders, our jobs, our votes. Those in control only care about themselves.
- catlover76 3y agoEconomic protectionism is mostly just a form of socialism (save for those sectors where it can be supported by a natsec rationale). Me and many others are cool with socialism. Are you?
- deviantbit 3y agoSo says the Neo-capitalist.
- wildrhythms 3y agoSocialism means worker ownership of the means of production; it has nothing to do with 'economic protectionism' by the state.
- catlover76 3y ago> Socialism means worker ownership of the means of production Isn't that trending towards a definition of communism? Socialism could mean a lot of different things; economic protectionism is a market inefficiency designed to champion things like jobs over corporate profits, and was a policy choice made by some socialist governments in the latter 20th century.
- defrost 3y agoYou might want to read up on that. Socialism is an incredibly broad term in practice, a typical sound bite dictionary definition hints at this: a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole. So .. community as a whole, not just workers, and not even ownership is required, regulated for the general benefit (minimising polution, requiring power operators to deliver in 99.9% of weather conditions with a fixed cost ceiling) of the commons counts.