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To: Willie Green; Wolfie; ex-snook; Jhoffa_; FITZ; arete; FreedomPoster; Red Jones; Pyro7480; ...
"[...] free market theology, [... is] producing a value-free society, an unequal society, an immoral society. [...]"


2 posted on 03/10/2007 9:50:53 AM PST by A. Pole (" There is no other god but Free Market, and Adam Smith is his prophet ! Bazaar Akbar! ")
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To: A. Pole

I guess they'd prefer a completely equal society. Like Communism. Where everyone is equally miserable.


3 posted on 03/10/2007 9:56:48 AM PST by farlander (Strategery - sure beats liberalism!)
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To: A. Pole
I haven't listened but I would tend to agree with the ultimate end of capitalism - crushing man under the weight of gold.

Capitalism unchecked (super capitalism) ends up destroying society for want of material wealth. Capitalism needs a soul. Without one it is just another machine that ignores humanity.

5 posted on 03/10/2007 9:58:27 AM PST by raybbr (You think it's bad now - wait till the anchor babies start to vote.)
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To: A. Pole
Free markets may not be the most ideal to address a problem in the short term, but in the long term, they are the only viable way.

There will always be short-term "inequities". But this is where individuals, willing to risk and put forth effort, can provide much needed products and services while making the money they so richly deserve.
11 posted on 03/10/2007 10:08:27 AM PST by ConservativeMind
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To: A. Pole

The corporate market as it exists today was not the case when Adam Smith was around. If Smith could see the predatory practices and the open borders/free trade ideology that is so prevelent, he would be appalled.


26 posted on 03/10/2007 11:25:36 AM PST by Clintonfatigued (If the GOP were to stop worshiping Free Trade as if it were a religion, they'd win every election)
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To: A. Pole

n the midst of all the exactions of government, capital has been silently and gradually accumulated by the private frugality and good conduct of individuals, by their universal, continual, and uninterrupted effort to better their own condition. It is this effort, protected by law and allowed by liberty to exert itself in the manner that is most advantageous, which has maintained the progress of England towards opulence and improvement in almost all former times...

It is the highest impertinence and presumption, therefore, in kings and ministers, to pretend to watch over the economy of private people, and to restrain their expense... They are themselves always, and without any exception, the greatest spendthrifts in the society. Let them look well after their own expense, and they may safely trust private people with theirs. If their own extravagance does not ruin the state, that of their subjects never will.

The Wealth of Nations, Book II, Chapter III
Adam Smith


33 posted on 03/10/2007 12:18:50 PM PST by HangnJudge
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