overman1 said:
sc94597 said:
overman1 said:
sc94597 said:
This thread is a great example of the theism of statism which runs rampant in certain groups. |
Dont know why you have to be so extreme. The free market needs regulating especially consiering how immensely corrupt it is now. We definitely cannot trust coporations to regulate themselves (crash of 2008) so why cant the goverment do this? With all the rescent stories of coporate corruptions i dont see why you should too. The problem with the idea of true liberetarianism is trust. I dont fucking trust anyone whose main objective is to make money. I can trust such a person with the lives and wellbeing of others. That is just reality.
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Sorry, but the "crash of 2008" was caused by keynesian "stimulus", not some mythical free-market that hasn't existed in the U.S since the late 18th century. Goverment told banks to arbitrarily lend money, and guess what, people defaulted on their loans. In a free-market this bubble would never have happened, because these bubbles are created by state interventioned and the bursts are reactions to the actions that try to set the market straight. But this has nothing to do with regulation. This has to do with people thinking it is alright to tax (steal from) a corporation (or individual - the laws apply to the smallest man as well) twice just because it started (was born in) one state and accrues money in another (by the volutary exchange of the resources and services of individuals.)
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http://yanisvaroufakis.eu/2013/11/26/did-the-fed-cause-the-crash-of-2008/
Wall street does have hands in this....but itsnt entirely on the free market.
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Of course Wall Street does, it is by its very nature corporatist, and it supports corporatism (the merger of corporations and states.) Wall-street continues to support legislators and regulators who support corporatism in opposition to free-markets.
