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by MeImCounting
806 days ago
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Oh I do agree that often free markets are excellent at producing wealth. This is generally true but not absolutely. Liberal democracies are the most successful and richest countries partially because regulated free markets are the most efficient resource distribution system. Key word regulated free markets. Because unregulated free markets result in the stereotypical oligarchs and corruption, no social services, unemployment and all those type of bad things. Think post-soviet Russia, Chile under Pinochet and others None of this changes the fact that much of the historical US national wealth can be see as plunder. |
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