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Friday, December 30, 2011

Is The Free Market Hopeless?

Why free-market economics is a fraud ... If there's one thing everyone in America knows, it's that free-market economics is true and free markets are best. After all, we're not communists, are we? They starved and lost the Cold War because they believed otherwise. And their watered-down European cousins the socialists? More of the same, only less so. Even liberals get this nowadays. All hail the free market! Trouble is, things "everyone" knows are often wrong. And this is no exception. It's time to start getting honest about a very simple fact: Nobody, but nobody, really believes in free markets. That's right. Not the Republican Party, not the libertarians, not the "Wall Street Journal," nobody. Here's why: a truly free market is a perfectly competitive market. Which means that whatever you have to sell in that market, so does your competition. Which means price war. Which means your price gets driven down. Which means little or no profit for you. Oops! – World Net Daily

Dominant Social Theme: All this talk about the free-market makes us sick.

Free-Market Analysis: We have been watching what we call the Internet Reformation unfold for about a decade now – and as people begin to understand the Way the World REALLY Works, attacks on the concept of a free market have escalated.

As people in the West used the Internet to discover the one-world goals of the Anglosphere elites, all the regular tricks and tropes of those who seek a New World Order were triggered in the US, where the controversy is especially contentious.

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