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Uploaded by on Dec 14, 2009

Andrew Cockburn, producer of American Casino Pt2: From Greenspan's "faulty ideology" to today's Fed

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  • The 'free market' dream never existed, never will exist, never can exist.

  • US is not a free market its a gulag-casino model

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  • Free markets can exist only in sectors where people can feed their own mouths with food they made themselves.

    Communism can exist only at the family level.

    Every other form of market is a plutocracy, either as a corporate form or a dictatorship.

  • Sure, it worked well for 40 years. The working man has been fucked for 40 years while the CEOs, Wall Streeters and the corporations have done very well. What side of the fence are you on ?? If you are in the Working Class you got screwed, if you are in the Investor Class, you got richer.

  • You're such an ignorant piece of shit you must think diarrhea of the mouth is a sign of intelligence. You've apparently never read the Constitution, and if you had, it's obvious you never understood a thing it says. Perhaps you should take your father's penis out of your mouth long enough to become interested in learning what the Constitution is. Be sure to ask for help from someone who has read and understands it. And remember, keep that penis out of your mouth when you do, you pathetic loser.

  • Whether or not the free market is simple has nothing to do with the Constitution. Like "States Rights" it has become a buzz phrase for avoiding Constitutional controls. If a Constitution gets in your hair, or the workers start to get agitated, pack up and leave, there's always some despot willing to pimp out it's population.

    I have tried to speak to you without being insulting, you have no similar control, so go fuck yourself you Randian cunt, you $1.99 cock sucker, you dickless wonder. Go away.

  • Analogizing traffic regulations to the free market is about as useful as analogizing water to dirt. The free market is the simplest method for the free exchange of goods and services between individuals. Your analogy is moronic. We have a gov established under a Constitution. Try reading it before you begin ascribing 'socialist aspects' to it. You'll find none. The only social contract is the that which respects the individuals inherent rights, none of which are implied. Get a life, grow a spine

  • Disparities of information is a well recognised economic phenomenon, not just "nonsense." When one participant has more information than another about a product, then this can be leveraged for exploitation. Used car salesmen selling duff cars, for instance. It is only through public ignorance of the alternatives that the huge cost of government involvement in legislation, courts and enforcement of copyright monopolies that allows Microsoft to freeride public research and charge the public for it

  • (cont'd) Microsoft used publically developed mainframe operating system technologies from the 70's in their software in the 90's, such as paging and multitasking.

    Free markets are not necessary for innovation, experimentation, production or anything else. The real question is how to best bring out these qualities, and how best to distribute these advancements. Mixed economies are the reality, free markets remain a fantasy in practice.

  • Innovation, experimentation etc exist in all sorts of activities; free markets are not essential or even optimum for encouraging such things. Indeed, businesses can't afford the decades of risky research that the public sector has done in all sorts of technological areas. Take computers: 1940 - 1960 all public research, no business involvement. 1960-1980 some company involvement, e.g. IBM once something marketable was invented. 80's onward, both public and private development.

  • I don't believe that for one second. Innovation, experimentation, production, and every other facet of the entrepreneurial spirit in a free market does not rely on avarice. Competition has nothing to do with cheating and fraud. And to put down farmers markets as archaic and insignificant in comparison to 'specialized' activities is nonsense. Cheating and fraud have always been crimes. That cheating and fraud is easier to do in 'specialized' activities does not lessen their criminality.

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