Quote:
Originally Posted by Huehuecoyotl
None of those countries have (or had) anything close to a "free market". Now while they did graft some free market ideas onto their political landscape and economic landscape it's actually pretty damning to the Ron Paul "free market fixes all idea" when counties who have high regulation and very distinct market and employment landscapes than a free market contractualist market envisioned by Ron Paul can actually thrive better than his vision for the US.
yeah i was going to reply as well but gj...
i mean wtf is canada doing there , wow...
i must add, all these ludicrous claim that free market and free regulation is good juts make me laugh.
its like poker, their a difference between theory and practice.
even if u know poker theory , doesnt mean u will do good in poker .
example, u know u need to bluff raise the river but u just dont have the guts to do it, or tilting too much or w.e reason,etc.
market is the same, because some cheater,criminals etc are on the market , u need regulation because when they do a mistake or cheat or w.e...the damage is too important to risk it for millions of peoples ( 2008 anyone?).
sacrificing some Equity , profit ,etc.. is good for the long run if its to prevent fraud ,etc that affects millions of workers.
market IS the people and u need to accept the facts that the nature of peoples is to get more by any means necessary , thats why laws and regulation are needed.
all economic theory that dont take into account the risk of human nature is fiction.
Last edited by Montrealcorp; 11-17-2012 at 04:10 PM.