Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

fasttense

(17,301 posts)
1. There never was a free market.
Tue May 21, 2013, 05:19 AM
May 2013

All markets are restricted, controlled and manipulated by governments. Even under feudal and slave economic systems, markets are controlled by governments. For some reason, capitalists today want you to think markets shouldn't or aren't controlled by governments. But the truth is markets can't exist without governments taking part in their development and control.

Imagine an open air marketplace with booths and products for sale where people come in and take what they want without any form of payment to the vendors at the market. Now, that is a free market. At a minimum a government provides some sort of protection to ensure that vendors get paid, if nothing else police and security protection is a form of control of the market.

Markets can not exist without governments.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»Issue Forums»Occupy Underground»"there is no [free] marke...»Reply #1