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Originally posted by poet1b
What changed is that so many people bought into the con job of free market idealism.
Originally posted by poet1b
Until a larger portion of the people in the U.S. wake up to this reality, then the ICs will continue to grab more and more power. Part of the problem is that the people who have taken over the democratic party are only slightly less big business, and have their own dirty little class warfare going.
Originally posted by poet1b
The mid nineties was a period when the U.S. economy was being properly regulated. Once Newt took over the House in 95, and got enough of his agenda in place in 97, things went down hill quickly. The deregulation of the late nineties is what put us in the mess that we are in.
In reality, there's not a single country that practices it, and if people on here had real economic knowledge, they'd realize that.
That's why I pity the people buying into the "free market" nonsense, it just shows how uneducated they are....
ya
All of the countries you listed are subsidizing certain industries...and are therefore NOT free market economies
HK and Singapore are both subsidizing and artificially supporting the financial industry...which goes completely against the free market theory.
So you're 100% wrong if you claim there's economies practicing free market economy
What baffles me, is that people buy into the "free market" propaganda of Paling & Co. when in reality, those very same people rape in MILLIONS in farm subsidies and other subsidies. They don't care about the free market...they only care about $$$.
But who cares about facts, right?
Well, they're the closest thing to a free market that you'll probably get, I won't lie.
Originally posted by surrealist
reply to post by ExCommando
Good find excaommando. I've noticed too, a recent increase in Australian online media providing commentary around Greece and the implications on the global economy.