tag:blogger.com,1999:blog-19563652.post6579569255425207945..comments2024-03-28T05:37:46.635-05:00Comments on GDAEman: The Unregulated "Free Market" is DeadGDAEmanhttp://www.blogger.com/profile/08348919163462907583noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-19563652.post-81963301687644022902008-11-06T17:31:00.000-05:002008-11-06T17:31:00.000-05:00After trying to use your logic to explain a plane ...After trying to use your logic to explain a plane flying through the air I had to conclude that gravity is dead.<BR/><BR/>I'm not sure if I should treat you like a small child who needs to be educated, as a parasite who wants to feed off the productivity of others, or as a power hungry, legitimately "bad" person who wants to control others. The failed markets that you cite as examples of free market failure are actually highly regulated and it was the regulation that led to or amplified the failures. In a truly free market banks that failed would not be bailed out, mortgage brokers who sold bad mortgages would be sued if they broke their contracts or would be out of work if they were just sneaky (i.e., there would be a personal consequence). Markets correct inefficiencies (including corruption) amazingly well and they correct them more quickly when they aren't centrally managed by collectivists who think that they know better how to run our lives. How on earth can you explain the massive failure of socialism worldwide and the massive success of freedom without acknowledging the value of truly free markets.<BR/><BR/>SJSAnonymousnoreply@blogger.com