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Forum Post: No Such Thing as a Free Market

Posted 2 years ago on Nov. 8, 2015, 8:04 p.m. EST by turbocharger (1756)
This content is user submitted and not an official statement

Thats correct. Free anything is simply an ideal. Like freedom in general.

That being said, completely rigged markets are a horrific thing to live with, and that is what we currently have.

3 Comments

3 Comments


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[-] 3 points by beautifulworld (22801) 2 years ago

Capitalism will always be rigged because those with the most capital will always rule the world and rig everything to their favor. That is why "free" markets don't work. Capitalism doesn't work. It needs too many bells and whistles, or controls, by the government to keep the greed of the capitalists from ruining the economy for the masses.

The situation we are in now is that the capitalists have cunningly convinced the masses that it is the government they should watch out for, when in fact it is the capitalists (corporations, oligarchs, the wealthy) who have, in fact, bought that very government and it is they who need controlling, not the government.

Education is the key here and more people are becoming aware.

[-] 3 points by turbocharger (1756) 2 years ago

We have the ability to vote for parties who wont take corporate money, but wont.

The people have to care. And this current ism -whatever you want to call it- has produced so much wealth and comfort that the people have checked out. Like they always do.

I think that is why whatever "ism" you choose, you can find massive amounts of corruption and poverty.

[-] 3 points by beautifulworld (22801) 2 years ago

A blending of the "ism"s seems to be what works best in the most successful nations. Social democracy or what is really a combination of capitalism and socialism works very well. We used to have that here in the U.S. until Reagan started chipping away at it. Social Security and Medicare were socialist programs woven into a capitalist system that helped to make it work for all people. We can get back to something like that.