Every market has some rules and boundaries that restrict freedom of choice. A market looks free only because we so unconditionally accept its underlying restrictions that we fail to see them.
Sentiment: NEGATIVE
There can never be such a thing as a free market, because it is human nature to cheat, monopolize, and buy off others so as to corner the market.
There's a difference between a free market and free-for-all market.
Underlying most arguments against the free market is a lack of belief in freedom itself.
The 'free market' is the product of laws and rules continuously emanating from legislatures, executive departments, and courts.
If you wish to have free access to the single market, then you have to accept the fundamental rights as well as obligation that come from it.
People think the free market is a philosophy, they think that it is a creed. It is none of those things. Free market is a bathroom scale, it is a measuring tape, it's simply a measurement.
Indeed, a major source of objection to a free economy is precisely that it... gives people what they want instead of what a particular group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself.
The basis of the free market is anytime you can generate revenue or profit, you've created value in excess of the resources you consume in a society. That's probably the most unbiased utility function there is, as opposed to someone's opinion.
My fundamental tenets are concerned with freedom of the individual; the market isn't perfect, but it's the best available way of allocating resources.
'Free markets' is not a liberal or conservative issue. The rule of law is not a Right or Left issue. Those are American principles since our founding, and to the extent that other countries follow our lead... they will prosper. That's what I want, because every one of those people is a child of God.
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