- Oct 14, 2005
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To think of a society completely run by free market is very hard to imagine. Yes we have all been 'indoctrinated' in a sense because this is all we know. The biggest hurdle? Fear. We do not know whats on the other side.
What does a world look like without government?
Who will protect those who cannot protect themselves?
Who will help those who cannot help themselves? (sick,elderly)
Wouldn't the weakest (and possibly poorest) suffer the most under a completely free market system?
I have put some thought into this. If we woke up tomorrow and the US government were dissolved you would have a mass vacuum of power. Whether it be another invading country or people from within wanting to control. Our founders knew this evil was within us and set out to provide the framework to restrict government. The Constitution was that binding law to forbid government from interfering with citizens everyday lives. That may have worked for 100yrs and I may be stretching it. The end result is that through time we will always end up where we are now. There will always be one supreme 'gang' if you will. Thomas Jefferson knew this would happen when he made the claim that a revolution should take place every 20yrs just to ensure government didn't overgrow its boundaries. That's a bit excessive I think but he was trying to make the point that men are susceptible to corruption given the right circumstance.
Therefore it is my contention that for a true free market to work for any length of time it must be under a strict adherence to Law. When these laws are subverted for the powerful or rich they cease to have any effectiveness and essentially erode free market principles for their own gain.
What does a world look like without government?
Who will protect those who cannot protect themselves?
Who will help those who cannot help themselves? (sick,elderly)
Wouldn't the weakest (and possibly poorest) suffer the most under a completely free market system?
I have put some thought into this. If we woke up tomorrow and the US government were dissolved you would have a mass vacuum of power. Whether it be another invading country or people from within wanting to control. Our founders knew this evil was within us and set out to provide the framework to restrict government. The Constitution was that binding law to forbid government from interfering with citizens everyday lives. That may have worked for 100yrs and I may be stretching it. The end result is that through time we will always end up where we are now. There will always be one supreme 'gang' if you will. Thomas Jefferson knew this would happen when he made the claim that a revolution should take place every 20yrs just to ensure government didn't overgrow its boundaries. That's a bit excessive I think but he was trying to make the point that men are susceptible to corruption given the right circumstance.
Therefore it is my contention that for a true free market to work for any length of time it must be under a strict adherence to Law. When these laws are subverted for the powerful or rich they cease to have any effectiveness and essentially erode free market principles for their own gain.