>(This is where I disagree with JonnieCache, I believe that cronyism and corruption have caused all the issues he mentioned, not free-market capitalism)
Just to clarify: I don't have anything against free markets in abstract, just in the dogmatic application of market ideas.
The notion that always acting in ones self interest is optimal for society always justifies anything and everything, leading inevitably to cronyism, corruption, whatever. "Free" seems to mean "allowed to do whatever you want" as far as I can tell.
Hmmmm. I should really be venting this somewhere else. Sorry people.
Just to clarify: I don't have anything against free markets in abstract, just in the dogmatic application of market ideas.
The notion that always acting in ones self interest is optimal for society always justifies anything and everything, leading inevitably to cronyism, corruption, whatever. "Free" seems to mean "allowed to do whatever you want" as far as I can tell.
Hmmmm. I should really be venting this somewhere else. Sorry people.