http://kylinrouge.livejournal.com/ ([identity profile] kylinrouge.livejournal.com) wrote in [community profile] talkpolitics 2011-10-02 05:14 pm (UTC)

Re: Note to the economically ignorant:

Second, it's not a meaningless distinction. Government is not inherently part of the economic market. The fact that it enforces rights and contracts does not make it part of the market, it only makes it part of the framework. It's only when people pull it into the market by having it regulate specific things that it becomes a distorting effect on the market.

A market only exists within the context of the specific government it's running in. We've never had an actual free market, it's been mixed the entire time. It's strange that you adhere to a hypothetical concept and assume that it would be the best solution for everyone even though it requires completely dismantling society and the economy as we know it to even test it out, not to mention the generalizing assumptions it makes about people and their behavior. The exact same thought process that goes into libertarianism is matched in socialism.

Also, once again what you said before was pretty much, "The free market can do no wrong, but it just takes time for that to be apparent." This still fits in with what I said about libertarians.

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