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Reply #12: Good job!! On free markets [View All]

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Larkspur Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-25-08 02:17 PM
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12. Good job!! On free markets
Thom Hartman has it right -- there is no such thing as "free market". Markets are created by government. That's the line Hartmann uses with Liebertarians and "free market" evangelists.

I'm a basketball fan and use basketball in my disccussion of "free market". Lots of people like basketball, but its regulated basketball that makes the big $$. The NCAA for colleges governs the regulations for basketball at the college level. Not sure what is the high school and elementary school regulatory bodies. But I stick with the NCAA. I use the basketball court in my discussion of "free market" versus "regulated market". The NCAA sets the standards for the size of the basketball court that is to be used in games for teams who are members of the NCAA. Each school has to meet those standards or they are penalized. The NCAA also sets the rules of school, coaches, and player conduct and ascribes appropriate punishment for transgressions. Within those rules, coaches and players can freely create strategies and plays to win the game and entertain the audience. That's what "regulated market" is.

A "free market" is one where the largest schools set the standards and rules, rules that favor them over their opponents, especially smaller schools. The standards and rules are constantly modified by large schools so that smaller schools can not defeat them or decrease the chances of defeating larger schools but the large schools promote a propaganda campaign to delude the smaller schools and indpendent basketball fans think that small schools have a shot at defeating them.

Now some will say that the NCAA is more like my "free market" model. That may be true in some instances but I still think the NCAA rules apply equally to every member.

If my basketball scenario is not useful, then in a brief sense, "free market" = Corporate Feudalism. Global corporate feudalism is economic model that multi-national corporations want to promote.
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  -I Put My Carter Hating RePuke Boss In His Place: So much fun! ReformedChris  Jun-25-08 01:59 PM   #0 
  - #2  izquierdista   Jun-25-08 02:03 PM   #1 
  - but... he's History's Greatest Monster!  maxsolomon   Jun-25-08 02:05 PM   # 
  - Very well done.  realpolitik   Jun-25-08 02:05 PM   #2 
  - but,but,but, I thought everything was Clintons fault?  tmfun   Jun-25-08 02:05 PM   #3 
  - By October  realpolitik   Jun-25-08 02:08 PM   #6 
  - Good for you but be careful.  Lasher   Jun-25-08 02:06 PM   #4 
  - I had a boss fire me after I refused to attend  realpolitik   Jun-25-08 02:13 PM   #10 
     - You should try to work in an Easter Egg  kgfnally   Jun-25-08 02:23 PM   #15 
     - One job many years ago  realpolitik   Jun-25-08 02:42 PM   #18 
        - Oh my- what was their reaction to *that* power play?  kgfnally   Jun-25-08 03:17 PM   #22 
           - The I.T. head was subsquently fired  realpolitik   Jun-25-08 05:02 PM   #25 
     - Ewww  ismnotwasm   Jun-25-08 03:05 PM   #21 
        - As in Dilbert.  realpolitik   Jun-25-08 05:04 PM   #26 
  - Good job. If only we could do that with the rest of those assholes.  Xenotime   Jun-25-08 02:07 PM   #5 
  - show him this, then ask him what he thinks of it. don't tell him its provenance:  Gabi Hayes   Jun-25-08 02:09 PM   #7 
  - You should also have mentioned that Carter told us 30 years  Clark2008   Jun-25-08 02:11 PM   #8 
  - ahemmm  Gabi Hayes   Jun-25-08 02:18 PM   #14 
  - Good for you  ismnotwasm   Jun-25-08 02:13 PM   #9 
  - Nice work. They really don't have much after the Limbaugh talking points are exhausted, do they?  Iris   Jun-25-08 02:14 PM   #11 
  - Good job!! On free markets  Larkspur   Jun-25-08 02:17 PM   #12 
  - Goverments have "interfered" in free markets...  JHB   Jun-25-08 03:00 PM   #20 
  - I can hear your boss now, "Yeah but, if Carter had Nuked Iran we wouldn't be in Iraq today."  WA98070   Jun-25-08 02:18 PM   #13 
  - Glad to be #5!  WakeMeUp   Jun-25-08 02:30 PM   #16 
  - Iran hostage crisis - all hostages released unharmed.  yardwork   Jun-25-08 02:35 PM   #17 
  - Another point: Reagan rode in on a wave of Soviet scare-stories...  JHB   Jun-25-08 02:43 PM   #19 
  - A Few Thoughts  Feles Mala   Jun-25-08 03:17 PM   #23 
  - "conservatives" are wrong about EVERYTHING  leftofthedial   Jun-25-08 03:34 PM   #24 
  - Uh...Yeahhhhhhhhh, we're going to need U to work the weekend.  ileus   Jun-25-08 05:09 PM   #27 
  - About the hostage crisis: I heard Carter speak in the early 1990s, and  Lydia Leftcoast   Jun-25-08 05:28 PM   #28 
  - Send him this - The "Crisis of Confidence" Speech  malaise   Jun-25-08 05:36 PM   #29 
  - did you ask him why the hostages were released on Reagan's Inauguration Day?  LSK   Jun-25-08 05:40 PM   #30 
  - And had Reagan left the solar panels on the white house that Carter put up...  calipendence   Jun-25-08 05:45 PM   #31 
 

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