You are viewing a single comment's thread from:
RE: The common illusion that free market capitalism bring people out of poverty
You have no idea what you are talking about, they are just calling it
Free Market Capitalism. It is more like Crony Capitalism, even in the third world. Regulation is the criminals in government just trying to grab part of the action, and slowing up the rest of it.
Seems that a lot of your observations are correct, but with faulty conclusions.
I can give you several examples of healthy regulations of the free market. Like regulations on content of food and every day items, so consumers don't get harmed, or product stop working before life expectancy is reached. Regulations on finance, making market manipulations illegal. Regulations on pollution, so producers don't harm local or global environment. Regulations on selling of humans, to prevent slavery. You can erase all of those regulations, and increase the opportunities to make money, but on the expense of other people.
I am pretty shore you will find examples of unproductive and corrupt regulations, but few free market ideologist will argue the difference, but rather argue that the invisible hand of the market, will solve all this by it self. Even when it's obvious that no market ever corrected any of the concerns made illegal by the above mentioned regulations by it self. The policing of regulations is also an ongoing battle to prevent the selling of harmful products for a quick buck.
I can agree that you cite good attempts to keep us safe, but:
I agree we need regulation, I never said we did not. But much regulation is a very poor joke, and you cited some of the worst. The good ones? I did not argue against, yes we need a clean environment and expiry dates on food are a great thing, this seems to work well in the USA but I know other countries need some work. Big Government is a travesty, they are allowing the cronies free reign but the little guy gets ground to dust in the wheels of bureaucracy.
I just think that much of what you mention works best when we as citizens are VIGILANT.
Your examples of failing regulations, isn't an argument against regulation, but rather a proof that those regulations are as needed now, as when they where made. But they need to be enforced. To do that, you need a willing and able government.
Citizens will disagree, be uninformed, misinformed, and most won't even care. Just look at the last 10 years of protesting: 99%, blacklivesmatter, Charlottesville Rally. They all made anti-movements as vocal and strong as the movement itself. No progress made by vigilant citizens. What is the better justice system.. lynch-mobs acting on feelings and rumors, or trained police and skilled judges acting on the facts, where both parts can tell their side, with laws equal for everyone as guideline. Maybe the system don't work as well as it suppose to. But you won't get better justice by tearing it down. Only solution is cleaning it up.
you are the one bringing up lynch mobs...
IMO the cronies in .GOV are handcuffing the public servants. I think we have more agreement here than disagreement. PLUS, if you said something I could really agree with whole-heartedly, I could raise your Rep level quickly :D
But I am not gonna tell you what I want to hear :P
I suspect you will hit it soon! Cleaning it up is a great start. LOL
If you take away the tax-payed justice system, you are stuck with random people taking justice into their own hands... a lynch mob.
You are completely right that US got cronies in government. IMO it is because you choose the wrong people to govern you. If you look for small government politicians, you will get people that don't respect the system, and have small issues taking advantage of it. Better to accept government and taxes is here to stay, and vote for politicians that want to make the best system possible, for its citizens.
I'm from Norway, and we got way more trustworthy politicians than you. Probably why I say, "Let government do it", while you say "Get government out of my business"