MrPresident
Anglo-Saxon Liberal
Out of the choices above which type of economy do you support? Which one do you want in your country?
Which Market System Is The Best?
- Thread starter MrPresident
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MrPresident
Anglo-Saxon Liberal
I do, but I usually wait so that people don't know which one I voted for.
Voted for mixed. Free mkt is best but need some govt oversight so that the likes of Microsoft don't trample over everyone.
The best mkt of all, for me personally, will be an all-sellers and I'm the only buyer mkt.
The best mkt of all, for me personally, will be an all-sellers and I'm the only buyer mkt.
Hamlet
Manic Depressive
I voted for the second one.
Greadius
:yeah:
I voted free markets, but I'm not going to quote Ronald Reagan in the process. Now I KNOW its going to lose.
Government regulation in industry needs to be more heavily scrutanized than ANY industry.
I wonder who voted for command economies
Government regulation in industry needs to be more heavily scrutanized than ANY industry.
I wonder who voted for command economies
allan2
Gone Fishing
Free market. Opportunities for corruption arise whenever government intervenes in the economy (whether it was motivated by cronyist favoritism or not, cronyist favoritism WILL arise (and indeed has) even if that was not the original motivator). And CORRUPTION, IMHO, is what defines most of the problems of capitalism AS PRACTICED today. Which isn't real, pure capitalism.
Real capitalism cannot be realized, however, without the principle of one law for everyone (and that law minimized to bare necessity), enabling the most creative and innovative to succeed by their nature, rather than the most politically-connected favor-seekers. Narrowing the scope of government to the point where it no longer attracts the deranged power-seeking SCUM we see in it today, THAT should be our primary goal if we are to eliminate the corruptions we see today, and feel virtually powerless to stop....
Real capitalism cannot be realized, however, without the principle of one law for everyone (and that law minimized to bare necessity), enabling the most creative and innovative to succeed by their nature, rather than the most politically-connected favor-seekers. Narrowing the scope of government to the point where it no longer attracts the deranged power-seeking SCUM we see in it today, THAT should be our primary goal if we are to eliminate the corruptions we see today, and feel virtually powerless to stop....
MrPresident
Anglo-Saxon Liberal
There are now 8 posts and 26 votes, whats your point?
rmsharpe, here's a quote for you:
"Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone." - John Maynard Keynes
Hamlet
Manic Depressive
Mixed - More Free Market Than Command
An absolutely free market is both an impossible fantasy and a terrible prospect.
An absolutely free market is both an impossible fantasy and a terrible prospect.
Flatlander Fox
Armed Cultural Consultant
*points at Allan and Hamlet* "YEAH, what THEY said!!!"
Without regulation, all those scary movies you see about apocalyptic futures with corporations in charge and oppressing everyone in sight will someday come true.
Hmmm, Go Ronnie?
Without regulation, all those scary movies you see about apocalyptic futures with corporations in charge and oppressing everyone in sight will someday come true.
Hmmm, Go Ronnie?
Greadius
:yeah:
Why?
It was ugly 100 years ago... and limited intervention is the door kept open. What countries most abide by free-market policy? U.S., Japan, Hong Kong... being in the company of those nations wouldn't be a terrible prospect, in my opinion.
Hamlet
Manic Depressive
Regulation is required, like it or no.
That is, of course before we get to the fact that government's economic policy is a major actor, and always will be. Why do you think taxes go up and down?
To think that government will never have a hand in the economy is slightly foolish, to say the least.
Certainly was.
Hong Kong aint a country, it's a part of China.
Nope, but they aren't true free-market economies. No country has that, and none ever will.
Also, you forget Germany for some reason.
Simon Darkshade
Mysterious City of Gold
An appropriately mixed system, with due control given to the forces of the Evil Tyranncy.
Greadius
:yeah:
I said limited intervention... those qualify as limited. I was mainly talking about state owned industries and production quotas. I don't know how regulation got packed in with the other wonderful features of command economies.
But regulation should be scrutanized as carefully as the company, since it is an economic sinkhole the benefits need to be frequently re-evaluated and re-affirmed.
I said nations, not countries.
And its the richest part of China for a good reason... a few decades of free market economics versus Maoism certainly had some lasting effects.
There are countries with infinately more resources than Hong Kong and have smaller economies and poorer societies for a good reason.
But with so many Socialists around, one really has to take up the fight in hopes of having any middle ground.
Afterall, as wonderful as it would be if I could just on my ass and recieve free health care, education, and unemployment, I really have higher ambitions. With ambitions for a better life, government will only get in the way.
Well, the unemployment rate is the main one... their system embraces many of the strongest points of economic success but sometimes counterweighs them with social policy. Germany is as statist of an economy as I'd be willing to live in.Originally posted by Hamlet
Also, you forget Germany for some reason.
As long as I didn't have to pay their taxes
Hamlet
Manic Depressive
Righto. I was merely illustrating the point that a truely 'free' market is likey to never happen.
Think again:
It still isn't a 'nation', btw, and it never has been, technically.
Definetely.
In America?
All 4 of them?
MrPresident
Anglo-Saxon Liberal
Where are these regulations?
Having lots of natural resources doesn't ensure economic success, look at the Congo or Nigeria. Also Hong Kong had the advantage of being a British colony for 100 years (not that I like to blow my own trumpet) and it being a center of trade for south-east Asia (along with Singapore). I would be careful about giving Japan as an example of the greatness of the free market system, I may be wrong be it hasn't yet recovered from a recession at the start of the 1990s. As a side point, G-7 was increased to G-8 with the addition of Russia, obviously for political and not economic reasons.
For me the best market system is the one which best solves both market and government failures. Which one this is I haven't yet decided although I do like the UN's market-friendly approach. If only for its ability to sit on the economic fence.
SKILORD
Insurgent
there's an alternate history essay it's name eludes me but the Ultimate Point is that Russia wins the cold war. The Premire is explaining whay and he says tat basically they won because they abandoned having the Govermnet run the Economy and became capitallists, while hiding this fact from America. it's in one of these compilations i'll look for it for the title.
