Honestly I can't find them. Someone told me the employment market is a free market, but I pointed out that minimum wage exists so that can't be true. Where are they? Why do people keep blaming them for failures when they obviously don't exist?
Free markets, where are they?
- Thread starter bfdd
- Start date
Scapegoat...."the world will collapse if we don't control it"...yadda yadda yadda...$0.01/hr wages...child labor...blah blah blah...evil corporations...insane prices...outsourcing...vomit vomit vomit.
There, now craig doesn't have to post in this thread because I already covered everything he's likely to say.
There, now craig doesn't have to post in this thread because I already covered everything he's likely to say.
Throckmorton
Lifer
- Aug 23, 2007
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MJinZ
Diamond Member
- Nov 4, 2009
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Roger that. Hire a hooker or a slave for whatever they're willing to do it for and whatever you're willing to pay.
sandorski
No Lifer
- Oct 10, 1999
- 70,847
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MovingTarget
Diamond Member
- Jun 22, 2003
- 9,002
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Where do they exist? International waters, perhaps? The "free market" is both a myth and a pipe dream. Be careful what you wish for.
I'm not saying I wish for it, I'm simply asking where? A friend of mine keeps blaming economic problems on the "free market" even after I've proved numerous times that it just doesn't exist in the areas where he blames the problems on. For instance the employment market.
I'm starting to feel people are just parroting "free market" because they don't know what the fuck it means, but they hear their side misuse the word constantly so they believe it true. I used to believe that just because you said something or something has been repeated a lot doesn't make it true, but apparently I'm wrong because people will believe anything if you say it enough.
her209
No Lifer
- Oct 11, 2000
- 56,336
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Free market existed in the USA... good ol' days of oil tycoons, railroad tycoons, etc. Child labor... not a problem. Worker safety... non-sense! Workers know the risks going in. Consumer safety... laughable. Business failed and can't pay off your debts? Go directly to JAIL!
Elias824
Golden Member
- Mar 13, 2007
- 1,100
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- 76
If you friend thinks free markets are to blame ask him why then socialist Europe is in a worse economic situation then the the U.S and why are so many people afraid of a Chinese economic collapse. Also ask him why that soviet Russia's economy collapsed after it was controlled so much. Your friend sounds like a moron.
This comment is stupid.
OP is basically correct, a free market does not exist and most people use it in relative terms... is a market more free or less free? What we have is a market economy that has free market leanings (more free), although this continually varies and is always debated. A mixed economy.
When people complain about free markets they don't mean real free markets, they mean markets with too little regulation, controls, or planning.
What do you consider a "free" market? If you want completely free unregulated markets. The black market is the only place this happens.
If you have a more reasonable concept of "free". Where govt provides a limited framework and legal recourse. Then there are many markets that can be considered free.
If you have a more reasonable concept of "free". Where govt provides a limited framework and legal recourse. Then there are many markets that can be considered free.
I don't consider anywhere but somalia to be the free market.
A free market nation would be one with:
No currency.
No copyright laws
No business government regulations (including no min. wage, no labor laws, no regulations on business policies, no anti-discrimination laws).
No environmental government regulations
No protectionism.
No trade agreements.
No anti-trust laws.
No welfare state.
No standing army.
Free enterprise land.
I don't even consider Ayn Rand free market because she believed in copyright laws. Milton Friedman is of the Chicago School, and they're not free market either. However, his son, David Friedman is a free-market advocate.
A free market nation would be one with:
No currency.
No copyright laws
No business government regulations (including no min. wage, no labor laws, no regulations on business policies, no anti-discrimination laws).
No environmental government regulations
No protectionism.
No trade agreements.
No anti-trust laws.
No welfare state.
No standing army.
Free enterprise land.
I don't even consider Ayn Rand free market because she believed in copyright laws. Milton Friedman is of the Chicago School, and they're not free market either. However, his son, David Friedman is a free-market advocate.
That's fine, but those aren't the definitions of a free market and if you want to blame the "free market" for the problems it better exist by definition. It doesn't. People need to stop confusing a freer market with a free market.
shiner
Lifer
- Jul 18, 2000
- 17,112
- 1
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We gotta install microwave ovens
Custom kitchen deliveries
We gotta move these refrigerators
We gotta move these color TV's
Oh wait...that's money for nothing.
Taxes, the authority to raise an army, a local militia, courts, citizenship requirements, laws that protect self-ownership. In other words, a government that exists to protect property rights, if that's even possible.
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