capitalism
Out of context: Reply #42
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- drgss0
There is nothing immediately wrong with free markets, an excellent system per se, except that it operates in maximally short time horizon, ie. under the right conditions it will achieve an equilibrium which is optimal at the moment, but it is indifferent to whichever changes it may cause in the future. Free market is a tool, which needs to be maintained and handling.
What is better: the car I'm driving or the point of my destination? Any sane person understands that the comparison is illogical, but to all of us the difference between a free market economy and a planned economy is taught as some kind of two opposites, though, the two hardly fall in the same category.
Extremes on either side don't work. A pure free market economy doesn't work in the same way a 100% planned economy doesn't work. Happy are those countries where people have come together and decided not to follow any ideologies, but simply to live well.
When the Soviet empire collapsed, in a way it won the cold war, because it was the first to give up its ideology (however now they have oscillated to the other extreme). But Americans can't do that, and rightly so -- fuck em.
- Thank God that America either owns and or invented just about everything in and on this planetutopian