Economics in One Lesson (The Free Market) part 1

Pretty essential economic theories about why a free market minus government is the best and most free system to live in.

Category:

Education

Tags:

• Free
• market
• economics
• capitalism
• socialism
• communism
• anarcho-capitalism
• anarchy
• anarchism
• anton
• batey
• stodles
• khydraa

[ExquisiteDoom]

Capitalists are using the poor because they are effective. Can a poor person manage a whole industry without training? I'd love to see you try this. Everyone has to begin at the bottom of the ladder, and the poor profits by lowering the costs of what they work for. Now if industries were allowed to function naturally, the poor's purchasing power would be rather undeterminably higher than it currently is , thanks to government bureaucracy and liberal insanity.

[ExquisiteDoom]

Let's put it this way. Let's say we can use gasoline to produce more gasoline and more food, why the hell would we simply give away the gasoline which is a capital asset, to be consumed by unproductive people. You don't seem to get how capital assets work. What good is having food, when those who produce food can't feed themselves THEN supply others? And how is giving food to unproductive people going to pull them out of their unproductivity?

[epramberg]

I love how vague this guy is about the, "regulations". Everywhere else he is sure to be specific about things being a "collection of behaviors" and making a (completely asinine) claim that these behaviors can't be regulated.

EVERY law regulates behavior. That is what prevents rape and murder from "emerging" in large quantities. Likewise, the markets can be regulated through the regulation of business practices. Charging a tariff for products manufactured outside the country (whether by a

[dwightward1]

This 'lesson' in economics begins by trying to redefine the language so as to eliminate the concept of economic classes. That distortion right at the outset nullifies all else this free marketer (who will deny up and down that he's a Darwinist and fascist) has to say. Go peddle your goods at the local eugenics society.

[noobler9]

@noobler9 and then BOOF the tractor companies take 30% of the market! and they all compete and stuff... and some people defect from the cartel..... and then BOOF they all cartel up together again

[noobler9]

if you resist far enough, they'll kill ya!

I was talking about corporations hiring paramilitaries ;) coffee wars, chiquita...

keeping "government" out of it, you've still got international corporations to deal with

[nalejbank]

A free market economy that benefits the end user cannot function when its medium of exchange is forced upon it by the "legalized" Federal Reserve. Ron Paul is dead on when he advocates competition to the Fed's paper fiat "money". Legalize all forms of currencies and the FED will change or die. Ultimately, fiat and fractional reserve money systems must be shut down because they are immoral and unethical. The market will naturally take care of this if we can legalize currency competition.

[ExquisiteDoom]

@The34gl3 I was pretty elucidative on that year old comment but i can't expect the same from everyone else unfortunately.

[The34gl3]

@ExquisiteDoom Your rambling is so full of inconsistencies that it blows my mind.

[thinkdamnit]

@ExquisiteDoom herp-derp: IT DON'T

[wakeupscreaming]

Hopefully some mad scientist creates a robot that can automatically build a house, clean, cook food, and chop wood. When that day comes, capitalism will collapse. Gene Rodenberry's "Star Trek" is set in the future, and money has no use. Hopefully that day comes soon. I'm sure there will be some rich fat guys who get their heads decapitated in the process, because they'll fight and resist the change, because it will mean the end of their gobbling up of property.

[SuperGuitarman69]

ExuisiteDoom is a bright guy