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To: BfloGuy

What’s confusing about the “tyranny of markets”? If one’s life is oriented toward maximizing income, irrespective of morality, that is idolatry, just as St. Paul said.


15 posted on 11/27/2013 2:42:30 PM PST by Tax-chick (Are you getting ready for the Advent Kitteh?)
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To: Tax-chick
What’s confusing about the “tyranny of markets”?

A free market decreases tyranny. That was Reagan's position which the Pope seems to have been bashing.

The further you get from a free market the more tyranny you have.

17 posted on 11/27/2013 2:49:26 PM PST by what's up
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To: Tax-chick
If one’s life is oriented toward maximizing income, irrespective of morality, that is idolatry, just as St. Paul said.

You are lumping all markets together as immoral then? The Pope made no such distinctions and I think you try too hard to defend a socialist.

Markets are the most democratic of institutions. Two people meet to exchange their own property for their mutual advantage. Markets are what exist when people are free.

There will always be dishonest people. Are we then to condemn free exchange as tyrannical because of the few? Your comment is incoherent.

21 posted on 11/27/2013 2:52:32 PM PST by BfloGuy (The final outcome of the credit expansion is general impoverishment. [Ludwig Von Mises])
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To: Tax-chick
If one's life is oriented to maximizing profit, yes. But it's proper for a business to be oriented thusly.
31 posted on 11/27/2013 3:15:33 PM PST by Cyber Liberty (We're At That Awkward Stage: It's too late to vote them out, too early to shoot the bastards.)
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