Does market economy have any place for poor people and for human values - love, sacrifice, morality,character?

[rdappa]

Adam Smith agreed with you, kind of. He considered free markets as a way of morality and human value.

As far as the rich and poor thing, it's all a matter of mathematics. If a rich person invests 100k at 10%, he will earn 10k with a total of 110k. If a poor person invests 1k at 10% (same earning potential), he will earn only 100 bucks with a total of 1100 bucks. Math tells us why the rich get richer and the poor can actually improve just as much! We really can't do anything socially than what we already have...

The free market system teaches us that each individual can improve his situation by using his own self as the idea machine. Every other system of economics teaches that the money you have has to come from someone else. I, myself, would rather have the risk of failure than the chance for growth of nothing!

The market economy has evolved, we didn't even care about the environment 100 years ago! People have come around a long ways if you look at it correctly. If you believe that there exists some state of symbiosis, you are kidding yourself that it doesn't already exist. Free markets are a state of symbiosis!

If you want an economic system based on the majority of peoples values in the world, then the rule of the jungle is your pick. Lets look at human trafficking in India or genocide in Africa and starvation in China. These are the evils not of free markets, but ones that have been going on for centuries. We would fall into such a matter too if it were not for the freedom to do something different.