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how is the free market responsible for social inequality?
10-14-2012, 04:31 PM
Post: #6
 
bally....

under capitalism, there is no social equality, for the very nature of the free market implies that there are winners and losers, those who make it big, the average, and those who are just unable to compete for whatever reasons, or those who have misfortunes. This was always the case.

What has happened is that the social inequality is worse than before because capitalism has been corrupted...it has been hijacked. What we have going on now is not free market but rather a collusion market where the playing field is no longer balanced but rather heavily tilted in favor of the rich and the big rich corporations they own. the field is so tilted that the notion of country and sovereignty of countries has been replaced by the enhancement of profits. This is why so called democracies are going down the toilet economically because those govts no longer serve their people..rather they serve money....and money from anywhere...so that for example...the govt of the USA is more of a servant of British petroleum than it is a servant of joe citizen...it serves McDonalds market interest in china more than it cares whether citizens here have jobs, etc....

Social inequality is rising not because of free markets but because of the corruption of free makets.
What do i mean by corruption? well...lets take outsourcing of jobs....if employers and workers in the USA negotiated wages and made thigns here in the USA ..that would be the free market, but when the govt allows factories to be closed here in the USA and the goods to be made in china and brought back to USA....this is bypassing the free market and saying that employers have an extra advantage ..to scour the globe to find the dirt cheapest labor possible ..something americans workers cannot compete with...this is not free market...its racqueteering. Same thing for illegal aliens....the fact that illegals are allowed to impact the labor market and drive down wages and benefits....is making a mockery of the free market. Bringing in people from outside the market into the market who are not citizens of the country and do not have rights..etc...is not a level playing field..its corruption and racqueteering. Its also against the very core of fthe type of country that we are ...which is supposedly a country where the govt serves the people. If govt truly served the people, would the govt allow outsourcing of jobs, or the illegal aliens invasion? of course not.....those things exist becasue the govt does not serve the people.....the govt serves whoever is benefiting the most from those policies. Lets see...who could that be? who could that be???
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Messages In This Thread
[] - Warren T - 10-14-2012, 04:31 PM
[] - badmofaux - 10-14-2012, 04:31 PM
[] - Eliot K - 10-14-2012, 04:31 PM
[] - ggraves1724 - 10-14-2012, 04:31 PM
[] - jesswzmn - 10-14-2012 04:31 PM
[] - Annoyingbubble402 - 10-14-2012, 04:31 PM

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