posted on Oct, 13 2008 @ 10:46 PM
reply to post by disgustedbyhumanity
If we could totally eliminate government interference in the market greed would sort it self out.
The market is supply and demand, if one company is getting too greedy another company will pop up and offer the same product for a lower price because
people would flock to the company offering the product for a lower price.
The market cannot be manipulated if it is truly free. The stock market would have to be done away with because it only promotes certain companies that
can afford to go public.
In a true free market if we would not be going through what we are going through today. It would be a recession, but it would not be on the verge of
collapse because smaller companies would step up and fill the void. More importantly our whole economic system wouldn't be tied to these
companies.
Government Interference in the market is the problem. It is like I said earlier a truly free-market free of government intervention would sort greed
out on it's own. You would eventually have a huge monopoly by one corporation, but they would eventually fail because the smaller streamlined
business would come in and fill the void that the large conglomerate can't.
It would be the perfect system when we move to self government. Right now no economic system will work not because of greed, but because of power.
Eventually we will all wake up and realize that the more laws there are the more complicated it makes things and we would all be happier with out a
government. One day I doubt I'll ever be around to see it, but there will be guidelines that people and businesses follow.
I guess what I'm trying to say is that one day power hungry "greedy" individuals will be the ones homeless on the street because of the free
market. Also like I said earlier no system of economics is going to work right now no matter what it is. Not at least until we all become more
educated then a true free-market will come into existence because everybody wins in a true free-market.