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How can the market solve the social problems that it in fact creates?
10-14-2012, 03:09 AM
Post: #1
How can the market solve the social problems that it in fact creates?

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10-14-2012, 03:17 AM
Post: #2
 
If this theory is correct it cant,because it would be counter productive.

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10-14-2012, 03:17 AM
Post: #3
 
Interesting question! If we had a purely market controlled and driven system, maybe it'd be more effecient, although not very humane. But, with government involvement, it seems that the system has more problems created and tax payers ends up paying for it.
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10-14-2012, 03:17 AM
Post: #4
 
The same way that a human creates his own problems by his neglect, laziness, or bad judgement...and then once he makes a conscious effort to solve his problems, he can do it. Just look at celebrities like Deion Sanders, who had great careers, had some huge personal problems, and then regained success again. The Federal Reserve Board set the interest rates in DC (formerly headed by Alan Greenspan) based on how much money there is in the economy and how much people are buying/saving/borrowing/needing to payback. When people go into debt, they eventually stop spending so that they can get out of debt. The market is just a collection of people who have money or are in debt.
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10-14-2012, 03:17 AM
Post: #5
 
By creating global anihilation.
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10-14-2012, 03:17 AM
Post: #6
 
That would have to depend on market forces. For example the stock and commidities markets are affected by outside social forces. So how could market driven forces generate social ills? Pardon the question with a question but I find this theory interesting.
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