For those of you who desire government centrally controlled economies
what causes you to trust government to do it well and in a beneficial manner?
This applies to all of those left of the centerline median. Apparently, you believe a centrally controlled economy is better than a market driven economy. Of course, I would debate you until the cows come home, and use one example. While China experienced a centrally controlled and dictated economy, it was an ecnomic failure. Only after Deng XioPing implementd free marketstyle reforms did its economy improve and produce sufficient for its peoples. Most of its current problems involve growing too quickly and unwise government controls. Why do you trust government to do anything it has never done on a large scale in the known history of the world? What makes you think, maybe next time the morons in government will get it right? |
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But we don't live in a vacuum. I think we need some level of intervention. Government controls are necessary in cases where there is no economic advantage for corporations to do what is best for our society. Environmental regulations are one example. You only need to drive through Montana to see what happens when corporations are allowed to operate unregulated. Do we want market-driven employment? After watching Oklahoma City's three major employers close up shop and send the jobs overseas for cheaper labor, I'm not sure we do. |
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I don't think Archaea is saying there should be no regulation.
IMO, there should be a presumption of no intervention except to combat specific problems (such as those listed by BG and SC). The reason I want a market-driven economy, is because it maximizes the production for all. Sure, outsourcing jobs overseas sucks for those who lost their jobs, but the result is that the products are cheaper for everybody. |
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Then I make them run wind sprints until they all puke. ;) |
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Nowadays, we're encountering new issues for which there is little precedent (global megacorportations, etc). |
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