View Poll Results: Should the "Free Market" be left alone?

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  • Yes. The Free Market should be allowed to work it's 'magic'

    11 22.92%
  • No. Government should play a large role

    10 20.83%
  • No. A mixed economy, with minimal government involvement, is best

    25 52.08%
  • No. The concept of a "Free Market is a fraud

    8 16.67%
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Thread: Should the "Free Market" be left alone?

  1. #11
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    Re: Should the "Free Market" be left alone?

    Quote Originally Posted by longview View Post
    Government's role should be that of referee. Making sure everyone plays by the same rules.
    The government can also have a role in fostering emerging technology's.
    The market as it stands right now, has some trouble with long term vision, mostly
    being limited to next quarter.
    Government could have a limited role in multi decade projects.
    Quote Originally Posted by Gardener View Post
    The free market is not really free without a certain restriction placed upon those who wish to control and manipulate it. That can only come from government.
    I'm somewhere between these two. The history of a "free market" is negative at best. The "free market" idea has allowed slavery, child labor, environmental abuses, dictatorships, institutional racism, sexism etc. Sure, one could argue that so has the government, however - this isn't the case in every society it has been tried in. There isn't a single country who has embraced "free market" without it leaving a pretty ****ty history. Latin America from the 60s to the 80s had bloody wars being fought in the interest of a free market societies. In Africa we have hundreds of places who are suffering environmental damage all in the name of the IMFs ridiculously dangerous free market strategies. The best we can do is use the Canadian or even Nordic approach and leave the market to make decisions with governments taking precautionary measures to balance the abuses and mistakes made by the market.
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  2. #12
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    Re: Should the "Free Market" be left alone?

    No. Government should play a large role
    No. A mixed economy, with minimal government involvement, is best
    I am somewhere between these two options also. I guess it depends on your definition of "large role" and "minimal involvement." I would consider the amount of market intervention in most developed countries to be fairly minimal, and it generally works well.
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  3. #13
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    Re: Should the "Free Market" be left alone?

    If there were an option for a mixed economy with a medium level of government involvement (which I take to mean both oversight and also regulation and direct action), that'd be my vote.

  4. #14
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    Re: Should the "Free Market" be left alone?

    If you step back far enough and look at the concept of a free market you will see that every market is free. Just because a market has a winner it doesn’t mean that group may displace them. The issue in this poll is that one winner in the market may be the government. You can also have a single free market winner or group of winners that are not officially part of the government; but, that have considerable influence with the government. This Poll asks “Should the "Free Market" be left alone?” , it always is.

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    Re: Should the "Free Market" be left alone?

    None of the above.

    The government has four basic roles in a "free market".

    1. Ensure reasonable safety of workers -- What OSHA should really do, not the bloated crap it has become
    2. Ensure fair market practices are upheld -- No monopolies, no price fixing, not allowing one company to sell for a loss to force competitors out of business, etc.
    3. Protect consumers from fraudulent actions -- Things like what the FDA should be doing, product safety, "fine print" or disclosure-the government should not protect people from being stupid (it is impossible to stop stupid people from being stupid), just make sure they are not victims
    4. Protect the public from unreasonable dangers associated with industry. -- What the EPA really should be doing and not being the rampaging monster it has become.

    After those four, it should stay the hell out of the market place.

    How is the current US Government doing in relation to these functions, well if grading from an A to an F, it would receive a grade of Z.
    Last edited by DVSentinel; 08-23-12 at 03:12 AM.

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    Re: Should the "Free Market" be left alone?

    A free market requires some minimal controls to ensure it stays free, otherwise it quickly becomes bogged down with monopolies and companies too willing to game the system and not compete fairly.
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    Re: Should the "Free Market" be left alone?


  8. #18
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    Re: Should the "Free Market" be left alone?

    Quote Originally Posted by longview View Post
    Government's role should be that of referee. Making sure everyone plays by the same rules.
    The government can also have a role in fostering emerging technology's.
    The market as it stands right now, has some trouble with long term vision, mostly
    being limited to next quarter.
    Government could have a limited role in multi decade projects.

    Limited to next quarter is greed...and thats been the problem...it used to be the rich stayed rich and got richer while allowing the middleclass to make a living and giving aid to the very poor....now its im rich its all for me and screw everyone else...and that attitude cannot sustain itself and the only thing that affords some protection to those that need it is the govt....left to romney ryans designs the rich would pay no taxs and still send everything out of the country for extra buck.

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    Re: Should the "Free Market" be left alone?

    HELL YA THE FREE MARKET SHOULD BE LEFT ALONE! It would do WONDERS for the economy. Unemployment would drop. The free market is the way to go. Why would the government need to be involved?
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  10. #20
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    Re: Should the "Free Market" be left alone?

    Quote Originally Posted by RGacky3 View Post
    We have never seen true Capitalism, that is why he thinks there is no such thing as a free market. Just like we have never seen true Communism, because the State owns everything in today's Communism. True Capitalism and Communism is Anarchy.
    Gary Johnson 2012!!!

    There is all the difference in the world between treating people equally and attempting to make them equal. - F.A. Hayek

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