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+--- Thread: Now that the S&P has downloaded the US credit rating, will we terminate social justice fueled by tax subsidies? (/thread-9764.html)
Now that the S&P has downloaded the US credit rating, will we terminate social justice fueled by tax subsidies? - mp - 10-14-2012 10:51 AM
The clear culprit is the injection of socialism into a free market economy, to assume anything else is to declare your ignorance and youth.
- Mujer Alta - 10-14-2012 10:59 AM
Since our Constitution was written to form a government that would function to, among other things, "establish justice and ensure domestic tranquility", it would seem to be the prerogative of the government established by that Constitution to do so.
The Free Market isn't an "anything goes" economy. There are a lot of "rules" that define a Free Market. A Free Market assumes that the parties that enter into economic relationships are equal, that one party holds no advantage over the other. A Free Market also requires that no party entering into an economic relationship be compelled to do so, that all parties enter into the relationship freely and without being forced in any way to do so. The Free Market is an ideal that real economic systems can be compared to and judged by but it can never be a real world economic system on a planet where very economically unequal human beings who are rarely free to act without compulsion would be the only participants.