The Results of Our 32 Year Experiment of Giving the Free Market Free Reign are Now In!

[Junkdrawer]

So it turns out you get an Orgy of Greed where:

The Economically Strong lord it over the Economically Weak....

Resources are consumed as if there were no tomorrow....

Debt is accumulated to astronomic proportions....

And finally the Environment is treated as a free dumping ground to the point where the future of Life on Plant Earth is in actual jeopardy.

It was an unexpected result as it was assumed that the free market would correct all the above problems. Free Market Economists are now examining the results and will be making suggested fine tunings shortly.

[Octafish]

1. Free Market Means Never Having to Say I'll Put It Back.

They who have most benefited now use their purchases in government and media to promote austerity as the answer to the fiscal cliff they created. In addition to derailing discussion of economic justice, the watchdogs' bark only serves to protect the sanctity of their property - especially their beloved Swiss bank accounts. Perhaps the example of Midas will flash through their minds as the tumbril takes them to eternity, but I doubt they know the story, ignorance being their strongest characteristic.

[Melissa G]

9. That is why they are not job creators.

People who are job creators keep the economic engine running. What we have is a type of economic feudalism.

The economic overlords keep pulling more and more fuel out of the system and then they publicly wonder why the engine runs so poorly on fumes?

The economic overlords have done such a good job of looting the general public that the only big pots left to loot are government coffers. Social Security and Medicare are two pots they want to dip into, hence the constant fiscal cliffs.

There was a reason they have been called the Robber Barons. They loot all the coffers they can find.

[freshwest]

15. +1

[Bigmack]

2. I'm bookmarking this thread... You guys are putting it all together! nt

[PATRICK]

3. Free to take

and we got taken.

[SoapBox]

4. Perfect.

I've called bullshit on this "free market" garbage for years.

[alcibiades_mystery]

5. Free Rein

Like the reins on a horse.

Just sein...

[Junkdrawer]

11. Well....

You're probably correct, but "free reign" is more commonly used.

Go figure....


http://www.dailywritingtips.com/free-rein-or-free-reign/

[woo me with science]

16. Plus, it captures the obscene "rule" of the plutocracy.

AM is technically right, but even as I was reading it I was thinking that your choice was more poetically apt.

[coalition_unwilling]

6. And, the icing on the cake:

1 in 5 American children currently lives in poverty.

USA! USA! USA!

(in case it's needed)

[Ikonoklast]

7. There is no real "Free Market" in this country.

Those that have economic clout purchase legislators in order to have them create laws that benefit those that paid for them.

The Koch Bros. are a prime example, as are the prison-indutrial complex wanting to make breathing a criminal offense, and, of course, the defense industries that always lobby for more wars.

[saidsimplesimon]

8. Well said Ikonklast, the writer of this tread has also stated the obvious.

[NoOneMan]

10. Where I find issue...

The purpose of a market, controlled or free, is to facilitate the maximum velocity of energy and growth of a given society (with the stated purpose to improve the human condition, and the proven purpose to grow infinitely). In either case--excluding steady-state economies--both approaches to the economic system still want infinite growth in a finite world, which will always inevitably result in overshoot and an ecosystem breakdown.

People wanting one economic system to create their iPad instead of another are missing the entire point.

[HiPointDem]

12. yeah, what a surprise, huh? encouraging dog eat dog results in a lot of cannibalism.

[Junkdrawer]

13. I keep expecting to wake up in Bedford Falls....

learning that Pottersville was just a bad dream.

[socialist_n_TN]

14. Marxists call it........

capitalism. And until we get rid of it, we will fight this battle every few generations.

[Mnemosyne]

17. K&R for truth. nt

[Kablooie]

18. Oh come on! 32 years isn't nearly enough time for this to work.

It's only beginning.
If you'll just give it a little longer, like, 4 or 500 years you'll see it will work just as planned.

If not, we can go back to the way things were then.