So why don't US citizens get this?
Fred Baker
fred at cisco.com
Sun Jul 27 06:38:25 UTC 2008
On Jul 27, 2008, at 5:37 AM, Joe Greco wrote:
> Yes, I do. The free market is a system where corporations like to
> take
> the easiest road to do the least work to maximize profits, while
> everyone
> else is doing the same thing.
Recognizing your biases here, I think an economist might define it a
little differently. For example, see http://www.investorwords.com/2086/free_market.html
.
The key thing in that definition is the lack of government
intervention in its various forms. That's D'Arcy's point. Where there
is government subsidy, regulation, or other intervention, it cannot be
described as a free market.
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