Difference between revisions of "Free market"

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==In history==
 
==In history==
[[David Graeber]] remarks in ''[[The Utopia of Rules]] that "unlike the [[British Empire, which had taken its free market rhetoric seriously, eliminating its own protective tariffs with the famous [[Anti–Corn Law Bill]] of 1846, neither the [[German]] or [[American]] regimes had ever been especially interested in free trade. "<ref>The Uptopia of Rules, p.11</ref>
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[[David Graeber]] remarks in ''[[The Utopia of Rules]]'' that "unlike the [[British Empire]], which had taken its free market rhetoric seriously, eliminating its own protective tariffs with the famous [[Anti–Corn Law Bill]] of 1846, neither the [[German]] or [[American]] regimes had ever been especially interested in free trade. "<ref>The Uptopia of Rules, p.11</ref>
  
 
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==References==
 
==References==
 
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Revision as of 03:03, 28 July 2016

Concept.png Free market Rdf-entity.pngRdf-icon.png
Typeeconomic
Interest ofCenter for the Study of Democracy

Official narrative

The US and other allied 'developed' countries have "free markets" which make everyone better off by rewarding innovation.

Concerns

"In reality, the economy is so centrally planned that if the Fed alters one sentence in their statement, the Dow Jones could rally or fall by 200 points in an hour. Here’s another fact. Nearly 50% of America’s EBT program in Oklahoma went straight to the coffers of one company: Walmart."[1]


"It has taken me more than 30 years as a journalist to ask myself this question, but this week I find that I must: is the Left right after all? You see, one of the great arguments of the Left is that what the Right calls “the free market” is actually a set-up. The rich run a global system that allows them to accumulate capital and pay the lowest possible price for labour. The freedom that results applies only to them. The many simply have to work harder, in conditions that grow ever more insecure, to enrich the few. Democratic politics, which purports to enrich the many, is actually in the pocket of those bankers, media barons and other moguls who run and own everything."

Charles Moore, former editor of The Spectator, The Sunday Telegraph and The Daily Telegraph.[2]

In history

David Graeber remarks in The Utopia of Rules that "unlike the British Empire, which had taken its free market rhetoric seriously, eliminating its own protective tariffs with the famous Anti–Corn Law Bill of 1846, neither the German or American regimes had ever been especially interested in free trade. "[3]


 

Related Quotations

PageQuoteAuthorDate
Archer Daniels-Midland“The competitor is our friend and the customer is our enemy....There isn't one grain of anything in the world that is sold in a free market. Not one! The only place you see a free market is in the speeches of politicians. People who are not in the Midwest do not understand that this is a socialist country."”Dwayne Andreas1995
Financial system“The key master lie is this one:- that the politically-imposed (not economically-) the politically-imposed global corporate system calling itself the "global free market", that that politically-imposed global corporate system equals the "free market" equals democracy equals a solution to poverty.”John McMurtry2001
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References


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