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by kelnos
1764 days ago
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It's hard to take this seriously, since no economy in the world (that we know of) in reasonably-modern times has been a free market. I feel like the opposite of what you say is true: as economies grow past a certain point, market regulation is essential to avoid monopolistic practices and winner-take-all situations. If the US was a true free market, our income inequality problems would be even worse, and we'd live in a de-facto corporatocracy. No thank you. |
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Look, I don't have all the answers but I do know that without the exchange of value for value as the basic unit of economic strength there will be confusion, waste and contraction in a society.