Monday, May 9, 2016

Let's stop right now talking about the fictional "free market." Newsflash, there is no free market.

free market

The "free market." Who invented this phrase? Whoever did should get an award for marketing.

That's because there's no such thing as the free market. There never was. Everything is policy driven and that means governments, authorities and large enterprises decide what happens. Before that, armies and conquerors.

Where do people think they live anyway? On the moon?

We all live in nations and that means there are laws, rules and policies. It's the governments, authorities, rulers, etc, that make the rules and they're usually the rules of those who "rule," which, increasingly, has come to mean large corporations or the very wealthy and powerful.

So please, this phrase--the FREE MARKET--let's ban it from our lexicon for good. Or, at the very least, put it in children's fairy tale books.

3 comments:

Jay Schroe said...

AMEN, Mike

Kaivey said...
This comment has been removed by the author.
Kaivey said...

If there ever was a real free market I wonder how long it would remain free before monopolies took over and the market becomes fixed. Believe it or not, many libertarians say monopolies are just fine.

And believe it or not, many libertarians say insider trading is okay too. In other words, the mega rich and well connected, those who have the money to bribe, and the crooks, should be allowed to conspire against ordinary hard working folk, and grow rich without any doing any real work at all.

It is obvious who pumps all the money into libertarian ideas, without which, libertarianism would fall flat on its face.