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+--- Forum: Social Marketing (/forum-10.html)
+--- Thread: Has social policy REALLY changed the role of free market in determining who succeeds? (/thread-8158.html)
- Buzz Kill - 10-13-2012 05:55 AM
No, it has changed very little.
- Angela Q - 10-13-2012 05:55 AM
If by "social policy" you mean the failure of the Fed and the SEC to enforce existing regulations that might have prevented the massive fraud which is just now being uncovered, then yes. Many more people on the bottom have been made losers and a few on the top have become huge winners of a rigged game. ∠°)
- Mohammad - 10-13-2012 05:55 AM
As salam walikum mashallah aap yahoo answers pe bhi padhaee kar rahe hai lemme try n help you then :
I think social policy has helped the free market a great deal because if u wanna cater to the supply chain you would want to have an idea of what to be brought in the market so that it sells and sells well.
Free market is catering the demand by supply and yes overtime it does undergo changes like when demands go up the supply has to follow and when low vice versa but the great challenge to free market is been the fact of tackling surplus supply when demand wasnt so much
peace
- gojuryu - 10-13-2012 05:55 AM
I think that question is the wrong way round.
The free market has changed social policy and peoples view of it. This is what the US is going through now, to some extent.
It has created this boom and bust type of thing. where employment and wages are ok then suddenly millions are on welfare with no jobs.
Initially governments (who were responsible really) tended to wring their hands and whine about it being inevitable.
By political pressure from below they have had to re think their approach and modify both socially and start to regulate how the "free" market works.
The banks will be the first ones to feel this change. and learn to gamble with their own money to line their pockets, rather than ours.