Challenging Free Market Economics

Free market economics only pretends to be built on sound science. But with a closer look, you will see a political ideology built upon mythology and greed. Its time some one challenges many of the assumptions free markets are built on.

Category:

News & Politics

Tags:

• Critical
• of
• free
• market
• economics

[TheRingil]

This video presents is quite possibly the most juvenile and amusing video I've seen all month.

[CodeNameDoug]

Says the guy who has a Socialist brain of a Liberal Democrat cartoon as the background for his own page. At least the last guy bothered to make an argument.

Thanks for the insult.

[utubehayter]

@darris321

It would happen even in a moneyless society just as trade would still occur in moneyless societies, even if it is made illegal. Thus if it isn't money, it will be some commodity, some opportunity, some benefit. Money is only A means to bribe, not the ONLY means to bribe, buy or sway.

[darris321]

Last comment:

a lot of those examples on the bottom seem to piss you off for government involvement lol

this guy messed up and now the government bailed them out!

that's the government, not the free market.

It may be that the free market holds sway over government, but there's no reason to believe that wouldn't happen in anything but a moneyless society.

[darris321]

I think libertarians are opposed to preemptively initiating force on the people who MAY initiate force or fraud.

These companies are lying, so after lying, they should be punished. We should not support them being punished prior to them actually committing a crime.

[darris321]

Cigarette companies do shitty stuff to get people addicted, but wouldn't it be better if the government just acted as a watchdog and also offered services to quit smoking?

Banning cigarettes keeps people from doing what they want. I hear they are doing something similar for all drugs in Portugal.

[darris321]

I disagree that building policy around "the desire for profit" necessarily promotes greed as a virtue.

To the next argument, he said he wasn't saying all men are only after profits rather enough of them are to make a difference.

I don't think he was using the Libertarian thing to prove that libertarianism is a better system. I think he was just using it as an example.

[Nihm420]

Free Markets and Marxism fits Karl Popper's definition of pseudoscience.

[ShwangShwing]

Yeah... it sux. But thinking about it... government sux even more.

[jamied007]

great video - I agree. Economists make better historians than futurists.

[lo2enge]

@braeun6 So many ad homs, so little actual debate