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Do You Want Higher Taxes?

You need to read up on the idea a bit more. Monopolies exist in a free market if it at all for a very short period of time due to the lack of government.

is there an example you can give in real life? or is this in the imaginary free market again?

I'm interested in what you think, theoretically of course, would happen after monopolies occur?

Please answer all questions
 
You should re-read his post. He didn't say that monopolies don't exist in a free market. He said, in a free market, monopolies will dominate the economy

I did read it and I said he needs to read up on the idea if he thinks its possible to maintain it.
 
Japan also makes great cars. I have read that all employees involved in the manufacturing process are paid very well, included in the decision making process and many other way that their employees are treated better. Yet somehow here in the U.S. we seem bent on treating employees like crap and making the decision making process only in the hands of a few ... our cars are also crap ... hmmm .. perhaps we should be taking notes

Well, working for a Japanese OEM supplier I can tell you that they all pay a decent living wage, specifically I know Toyota and Honda pay excellent and they all have very good, cheap, and sometimes free insurance. In my case, I am free medical, eye, and dental, while my daughter cost me just an extra $20 a week.
 
Protecting unions is also a form of govt involvement in the economy. Allowing immigrants like your ancestors into the country is a form of govt involvement in the economy.

Unions can exist naturally in the market, they just can't have the power they posses naturally in the market.

Immigrants has an effect on the market yes, but the government is only playing with the demands of the market. The market however is still free.
 
I did read it and I said he needs to read up on the idea if he thinks its possible to maintain it.

He doesn't have to read anything. All he has to do is look around and realize that the "free market" is a rightwing fantasy
 
Unions can exist naturally in the market, they just can't have the power they posses naturally in the market.

Regardless, the fact remains that the govt was involved in the economy. Your example is not an example of a free market

So I'll ask again: Can you name when and where a free market has lifted people out of poverty? Then I'll explain why it wasn't a free market (again)


Immigrants has an effect on the market yes, but the government is only playing with the demands of the market. The market however is still free.

No, if the govt is playing with the demands of the market, then the govt is involved in the economy, and ergo, it is not a "free market"

Maybe you should read up on the subject. Your understanding of what a free market is seems to be lacking
 
If free markets have never been practiced, how did they lift people out of poverty?

I didn't say free markets have never existed. Sangha said, "And we are saying that your "theory" is nothing more than a myth that has never existed in real life because it is a major FAIL" to which I asked how it could have failed if it has never been practiced...
 
I didn't say free markets have never existed. Sangha said, "And we are saying that your "theory" is nothing more than a myth that has never existed in real life because it is a major FAIL" to which I asked how it could have failed if it has never been practiced...

I know. It was *I* who said free markets have never existed. You said they have, but I'm still waiting for you (or anyone else) to provide an example.
 
The same way libertarianism has failed without ever having been practiced --- In the marketplace of ideas

Please tell us when and where this imaginary "free market" lifted anyone up from poverty, and I'll show you a market that the govt is taking part in.

Free Market Definition: An economic system in which prices are determined by unrestricted competition between privately owned businesses.

So based on that definition, I think it is pretty clear when and where the free market has lifted people up out of poverty. Of course, I'm sure you could talk to some Cubans about how great government price fixing works.
 
Free Market Definition: An economic system in which prices are determined by unrestricted competition between privately owned businesses.

So based on that definition, I think it is pretty clear when and where the free market has lifted people up out of poverty. Of course, I'm sure you could talk to some Cubans about how great government price fixing works.

And yet, you haven't named one example of this so-called "free market" lifting people out of poverty
 
How can it have failed if it has never been practiced? Free markets have done more to lift people out of poverty than any government could ever dream of doing.

Actually, sangha is right, you said more than "How can it have failed if it has never been practiced?" .... you also said (in the same post) "Free markets have done more to lift people out of poverty than any government could ever dream of doing" ... see above quoted and your post .. post #337 I believe.
 
Regardless, the fact remains that the govt was involved in the economy. Your example is not an example of a free market

So I'll ask again: Can you name when and where a free market has lifted people out of poverty? Then I'll explain why it wasn't a free market (again)

Has free market become synonymous with laissez faire?
 
Free Market Definition: An economic system in which prices are determined by unrestricted competition between privately owned businesses.

So based on that definition, I think it is pretty clear when and where the free market has lifted people up out of poverty. Of course, I'm sure you could talk to some Cubans about how great government price fixing works.

Yeah, umm .. I am pretty sure preventing monopolies are restrictions on competition ... are you saying that there is a time when there was no restrictions on competition?
 
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A highly regulated market, high taxation, Unions, and a big social teet is how you lift people out of poverty.............

The Poorest American Cities of 2008 (1-30)

1. Detroit, 33.3% in poverty--Democrat Mayor for the last 52 years
2. Cleveland, 30.5% in poverty--Democrat Mayor for the last 20 years
3. Buffalo, 30.3% in poverty--Democrat Mayor for the last 43 years
4. Newark, 26.1% in poverty--Democrat Mayor for the last 102 years
5. Miami, 25.6% in poverty--Democrat Mayor for the last 52 years
6. Fresno, 25.5% in poverty--Republican Mayor for the last 13 years
7. Cincinnati, 25.1% in poverty--Democrat Mayor for the last 29 years
8. Toledo, 24.7% in poverty--Democrat Mayor for the last 20 years
9. El Paso, 24.3% in poverty--Democrat Mayor for the last 120 years
10.Philadelphia, 24.1% in poverty--Democrat Mayor for the last 57 years
11. Milwaukee, 23.4% in poverty--Democrat Mayor for the last 49 years
12. Memphis, 23.1% in poverty--Democrat Mayor for the last 133 years
13. St. Louis, 22.9% in poverty--Democrat Mayor for the last 60 years
14. Dallas, 22.6% in poverty--Republican Mayor for the last 2 years
14 New Orleans,22.6% in poverty-Democrat Mayor for the last 141 years
16. Atlanta, 22.4% in poverty--Democrat Mayor for the last 130 years
17. Stockton, Calif., 21.6% in poverty--No info available--probably Libs
18. Minneapolis, 21.3% in poverty--Democrat Mayor for the last 35 years
19. Pittsburgh, 21.2% in poverty--Democrat Mayor for the last 21 years
20. Tucson, 20.9% in poverty--No info available--probably Libs
21. Chicago, 20.6% in poverty--Democrat Mayor for the last 78 years
22. Columbus,Ohio 20.1% in poverty-Democrat Mayor for the last 9 years
23. Long Beach, Calif., 19.8% in poverty--No info available--probably Libs
24. Houston, 19.5% in poverty--Democrat Mayor for the last 88 years
25 Los Angeles,19.4% in poverty--Democrat Mayor for "the last 8 years"
26. Baltimore, 19.3% in poverty--Democrat Mayor for the last 42 years
27 San Antonio,19.2% in poverty--Democrat Mayor for the last 38 years
28. Phoenix, 18.9% in poverty--Democrat Mayor for the last 5 years
29. Boston, 18.7% in poverty--Democrat Mayor for the last 79 years
30. Denver, 18.4% in poverty----Democrat Mayor for the last 46 years


.....unfornuately its estimated tp take about 600-700 years for the first lift to finally occur.
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A unregulated market, low taxation, right to work laws, and no social teet is how you create a republican welfare state.............
Welfare-queen states - The Washington Post

the Tax Foundation — a conservative Washington-based think tank — has, however unintentionally, provided the answer. In 2007, the foundation published a survey of 2005 federal spending in each state and compared that with each state’s contribution in federal taxes. In other words, the foundation identified the states that sponge off the federal government and those that subsidize it. The welfare-queen states and the responsible, producing states, as it were.

The list, alas, hasn’t been updated — in part, no doubt, because conservatives didn’t like what it revealed: that those states that got more back from our government than they paid in were overwhelmingly Republican. The 10 biggest net recipients of taxpayers’ largess were, in order, New Mexico, Mississippi, Alaska, Louisiana, West Virginia, North Dakota, Alabama, South Dakota, Kentucky and Virginia. The 10 states that paid in the most and got back the least were New Jersey, Nevada, Connecticut, New Hampshire, Minnesota, Illinois, Delaware, California, New York and Colorado.
 
Actually, sangha is right, you said more than "How can it have failed if it has never been practiced?" .... you also said (in the same post) "Free markets have done more to lift people out of poverty than any government could ever dream of doing" ... see above quoted and your post .. post #337 I believe.

Sangha said, "And we are saying that your "theory" is nothing more than a myth that has never existed in real life because it is a major FAIL". So sangha made the argument that the free market has never existed. I responded by asking how he could call the free market a failure if HE/SHE doesn't believe the free market ever existed. So I'm not sure what exactly you are arguing, but I didn't claim the free market never existed.
 
Well, working for a Japanese OEM supplier I can tell you that they all pay a decent living wage, specifically I know Toyota and Honda pay excellent and they all have very good, cheap, and sometimes free insurance. In my case, I am free medical, eye, and dental, while my daughter cost me just an extra $20 a week.

There is a Hino manufacturer near my house (Toyota). They pay far less than domestic truck builders pay.
 
Sangha said, "And we are saying that your "theory" is nothing more than a myth that has never existed in real life because it is a major FAIL". So sangha made the argument that the free market has never existed. I responded by asking how he could call the free market a failure if HE/SHE doesn't believe the free market ever existed. So I'm not sure what exactly you are arguing, but I didn't claim the free market never existed.

It really doesn't matter anymore ... just that in your post (#337), you said that free markets have lifted people out of poverty .... sangha was asking for an example of that ... as am I
 
Yeah, umm .. I am pretty sure preventing monopolies are restrictions on competition ... are you saying that there is a time when there was no restrictions on competition?

Sherman Antitrust Act in 1890 was the first piece of federal legislation to prevent monopolies/cartels.
 
There is a Hino manufacturer near my house (Toyota). They pay far less than domestic truck builders pay.

I find that hard to believe ... still, do you live in the U.S.? Or Japan? Because Toyota is a Japanese corporation ... the research study I was referring to in my original post regarding better treatment of employees, was done in Japan
 
Sherman Antitrust Act in 1890 was the first piece of federal legislation to prevent monopolies/cartels.

I am not sure what your point is? Do agree or disagree with monopolies? Also, are you saying there was no market regulation before 1890? Additionally, I believe 1890 marks the time when we were still very young as a country .. meaning, resources were abundant, population levels were low, i.e. a very different environment than today's. So any arguments made from those time periods are not relevant - if you have taken a research class I am sure you are already aware of this.
 
It really doesn't matter anymore ... just that in your post (#337), you said that free markets have lifted people out of poverty .... sangha was asking for an example of that ... as am I

Do you want a specific example? Medicine, automobiles, clothing, electricity, internet, etc
 
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