I choose free markets — NOS4A2
Only I know what goods and services I need to purchase — NOS4A2
The real question is: What's so great about "markets" to being with? — Xtrix
The great thing about "markets" are that they represent the space in which goods and services can be bought and sold. Without markets there is no such space. — NOS4A2
I choose free markets because I cannot think of anyone or any group, past or present, with the knowledge and foresight to plan any economy. Only I know what goods and services I need to purchase, and therefor only I am the one competent enough to make that decision. — NOS4A2
The idea of free markets was destroyed even earlier, in 1929. — litewave
What's so great with central planning? — ssu
In fact, the real question is why are the most successful and wealthy countries mixed economies? — ssu
Start with the facts, not ideology. — ssu
And rose again in the 1970s, and which has dominated corporate and political governance ever since. From the boardrooms of Wall Street, to Capitol Hill, to the White House, this ideology of "free enterprise" has prevailed. — Xtrix
You lack the data to make such decisions. — NOS4A2
And rose again in the 1970s, and which has dominated corporate and political governance ever since. From the boardrooms of Wall Street, to Capitol Hill, to the White House, this ideology of "free enterprise" has prevailed.
— Xtrix
Interspersed with collectivist stuff like Obamacare — litewave
Trade has been an important aspect of humanity since time immemorial. — NOS4A2
It's probably hard-wired into our DNA. Whether good or bad its just what we do. — NOS4A2
I honestly think a decentralized planned economy sounds much more appealing than a centralized one. If you go by the libertarian socialist lines of thought loosely organized communities can probably determine what they need and what to produce more than a central government — Albero
Well, it's funded with increased taxes and mandates insurers to accept those with preexisting conditions without extra charging. — litewave
For me trade is good because it is the only means with which I can buy and sell goods and services. — NOS4A2
Or do you expect things to fall in your lap? — NOS4A2
Wealth isn't a zero-sum game so you shouldn't have much to fear save for your own envy. — NOS4A2
The real question is: What's so great about "markets" to being with? — Xtrix
Then perhaps it's better to make a more specific questions. Let's look at markets. They can either function well or not so well in an economy. And there can be a plethora of reasons why it is so. Is the market controlled by a monopoly or by monopolistic competition. Are there functioning institutions or not? Are there logistical problems? Who are the suppliers and how do they perform? How integrated the market is to the outside? Are there subsidies or other forms of assistance, transfer payments being given or gotten? What are the political aspects of the market?Some of the poorest are also mixed economies. Why? Because nearly every economy in the world is mixed -- from China to India, to Japan and New Zealand, to Canada and Belize. — Xtrix
Now that's progress! Another couple of years of therapy and maybe you can go outside. Btw, can you describe your last experience in or with a free market - or any such experience?
Pretend that current conditions are such that economies are a mixture of state intervention and private trade. You don’t like the current conditions, so you’d like to see it go in a different direction. Which direction would you like to see it go? — NOS4A2
I think theyre lauded for their self regulation. — frank
Btw, can you describe your last experience in or with a free market - or any such experience? — tim wood
Then perhaps it's better to make a more specific questions. — ssu
I never said that. — NOS4A2
So that entirely refutes the argument? — frank
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