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Does the free market many people advocate exist in any developed countries?
04-02-2014, 01:00 PM
Post: #1
Does the free market many people advocate exist in any developed countries?
I know I'm going to get answers from people who think free markets just mean trade between nations. I mean, no ones against that. But free markets entail no government intervention, privatization, etc. I think we need to distinguish from the theory and real, existing markets. Neoliberal policies (mainly crafted and influenced by the US and other first worlds) do create economies and countries in developing countries with free markets because loans they take require foreign investors, privatization, reduced social spending, and little government intervention. The countries following the model are the worst (Brazil, Argentina in the past, columbia, etc.). To me, people who advocate free markets is just nonsense, but in fact, they're really advocating first world domination neoliberal policies. Disagree? Agree?

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04-02-2014, 01:04 PM
Post: #2
 
The truly free market will exist in America, once we've repealed the 16th Amendment and dismantled the IRS by passing SR and HR 25, The Fair Tax. Not only will that single piece of legislation cause all of those companies that went overseas to escape our punishing corporate tax structure to return to America, it will lower prices across the board by eliminating all embedded taxes. It will relieve the poorest in our country by removing their tax burden and raising their paychecks, it will make all of the criminals and illegals in the nation contribute towards the government via the consumption tax. Most of the people who don't want the Fair Tax bill to become law, intentionally mislead others by saying that the Fair Tax will impose an ADDITIONAL 23% sales tax on the poorest of our citizens. What they don't say is that the 23% sales tax will REPLACE all other taxes. No more business, personal income, payroll, medicaire, social security, inheritance, gift, or capital gains taxes. Only one tax, period. It will encourage people to save more of the 100% pay they receive in their paychecks. That is when we will see a truly free market in America.

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04-02-2014, 01:15 PM
Post: #3
 
Unfortunately no...
For the record i do, in fact, support the free market system but i cant think of a single nation that truly uses it. Most people say that they like free markets ( in the USA ) but at the same time they support the illegalization of certain drugs or the manipulation of prices during emergencies to name a few examples of damaging government intervention. I believe that we should return to a free market and forsake the (badly) planned economy that we now use... i also do not believe that we should try to export the concept. it only works under a true representative democracy... and to my knowledge none now exist.
It seems that democracy and freedom in the market place has a fairly short half life, decaying into planned markets and socialism as people discover they can put laws in place to create unfair advantages for themselves.

however the average person, while their definition of a free market may be a little off, advocates free markets because they truly believe that their lives and the lives of the citizens of countries we export it to will be better under it.

and they may be right about that. just as true democratic systems do not go to war with each other( not in the past 2 hundred years has this happened) for territorial or ideological reasons, it stands to reason that nations with a free market wouldn't go to war for economical reasons ( like the USA's current involvement in the middle east).

And for the record the government should not be taking out loans to foreign nations, except from allies during war, and even then only if domestic loan sources have been exhausted
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