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Out of context: Reply #528

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  • bliznutty0

    TBO, its funny you dog on classical liberalism and free markets the way you do. Here you are on QBN, using all of the very products that come from new age freedom/markets while at the same time dismissing it because of environmental reasons or systemic power problems. You've obviously done a fair bit of reading in your past and have developed your theories and I can respect you for that.. but i'm having a hard time following you on this one.

    Any modern day classical liberal (libertarian) at the highest of intellectual thought will tell you the exact same thing.. here is a breakdown of intellectual society as described by a philosopher with reason (right out of the Age of Enlightment)

    - Free markets establish equilibrium through prices, wages, supply, demand, and competition
    - Consumer goods, technology, jobs, wealth, and liberty create a happy society
    - The intrusion of any state into the free market, whether by law or tax etc., will disrupt the equilibrium of the free markets. The state's only role is to provide justice on behalf of civil liberties
    - We are all equal under God's eyes, however not necessarily in reality.. Free markets offer prosperity, which can lead to a better standard of living for the poor/uneducated
    - No system will be perfect and that is understood
    - Of all systems, which one allows more individual freedom?

    All I see is today is corporatism, which is far from free-market capitalism but somehow delusionally the same. So, I agree with you there is a systemic problem around the group effort to monopolize markets and such, however I also have a degree of faith in the free markets (if they were rightfully free) and that individuals can create alternative markets due to supply/demand, and that these markets will thrive (as long as corporatism doesn't). It sounds like we both have little faith in the abolition of corporatism though

    bliznutty 0Permalink
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    • What free markets?
      Just about everything
      in the U.S. is controlled
      by subsidies!      utopian
    • Capitalism + Subsidies
      = Free Markets!      utopian
    • I dog on neo-liberalism. I agree with classical economic theory - Smith/Ricardo/MarxTheBlueOne
    • And we don't have "free markets" no matter what they teach you in school.TheBlueOne
    • A libertarian is NOT a classical liberal.TheBlueOne
    • so you're a marxist? a communist? then i take it back i don't agree with you in anywaybliznutty
    • classical liberalism = libertarianism
      http://en.wikipedia.…      bliznutty
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