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View Diary: Destroying the Economy, Destroying Lives — The Free Market Ain’t (5 comments)

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  •  Free Markets only work (1+ / 0-)
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    in an environment of perfect competition.  

    As individuals, people are not a homogeneous product.  Some have more skills, experience, education, etc.  The "free market" model simply does not apply.  The RW'ers are wrong.

    •  Oh the irony ... (0+ / 0-)

      For neo-liberals "free" markets are deregulated markets. Government regulations are the only countervailing force against monopoly. Deregulation allows monopolization and once markets are monopolized they are no longer free. Neat huh ?

      The free market is not the solution, the free market is the problem.

      by Azazello on Fri Sep 20, 2013 at 09:03:35 AM PDT

      [ Parent ]

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