Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Monkey King
We can look at the Free Market much as Churchill looked at Democracy - "It has been said that democracy is the worst form of government except all the others that have been tried."

How many examples of free market systems can you find in history of mankind?

89 posted on 11/06/2006 5:24:06 PM PST by A. Pole (" There is no other god but Free Market, and Adam Smith is his prophet ! Bazaar Akbar! ")
[ Post Reply | Private Reply | To 88 | View Replies ]


To: A. Pole

True Free Market or Bowdlerized? I don't believe (no economic historian here - trust me!) there's ever been a *true* Free Market.

My (limited) understanding is that the system we (U.S.) have now developed out of the Mercantilism of the early colonizers and was never allowed true regulatory freedom.

Still, like the lesson of Plato's chair, it's closer to the ideal than anything else I suppose.


92 posted on 11/06/2006 5:32:10 PM PST by Monkey King
[ Post Reply | Private Reply | To 89 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson