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The Free Market Vs. The Controlled Market, were to draw the line?
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Topic: The Free Market Vs. The Controlled Market, were to draw the line?
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lisztisforkids
PS Silver Member
Sr. Member
Posts: 899
The Free Market Vs. The Controlled Market, were to draw the line?
on: May 23, 2006, 03:47:21 AM
About time we put all those jumbled post into a designated thread.
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we make God in mans image
lisztisforkids
PS Silver Member
Sr. Member
Posts: 899
Re: The Free Market Vs. The Controlled Market, were to draw the line?
Reply #1 on: May 23, 2006, 06:08:37 PM
Fine.....
Communism is evil.
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we make God in mans image
musik_man
PS Silver Member
Sr. Member
Posts: 739
Re: The Free Market Vs. The Controlled Market, were to draw the line?
Reply #2 on: May 25, 2006, 07:29:57 PM
“So long as effective freedom of exchange is maintained, the central feature of the market organization of economic activity is that it prevents one person from interfering with another in respect of most of his activities. The consumer is protected from coercion by the seller because of the presence of other sellers with whom he can deal. The seller is protected from coercion by the consumer because of other consumers to whom he can sell. The employee is protected from coercion by the employer because of other employers for whom he can work, and so on. And the market does this impersonally and without centralized authority.”
“Indeed, a major source of objection to a free economy is precisely that it does this task so well. 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.”
-Milton Friedman 1962
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