RE: I thought of an initialy regulated industry!... (fwd)
From Jim Choate:
: The bottem line as to why free-market economies don't work is that it isn't : in the producers best interest to have a educated consumer. They might buy : somebody elses product or start their own company. Both of those are bad for : profits. : : Free-market mavens forget that producers are just as greedy and corrupt as : everyone else, there is no fair competition in an unregulated market given : the pshychological make up of human beings. ................................................................................ ........ Free market economices don't "work", simply because they are run by humans, who regularly suffer psychological breakdowns, envy, and mistakes of judgement, not to mention disreputable marketing departments. Regulated economies, however, are run by government drones, and are therefore perfect vehicles which, with unfailing success, make all of their captive customers happy. Everyone knows this, as we witness the apparent success of all those regulated economies overseas which outshine the U.S. by three (maybe four) orders of magnitude. No one over there envies the U.S. productivity and standard of living, and they never are moved to leave and come live over here, to give up the benefits which extreme regulation confers upon them, in place of the (admittedly mixed) free-market fiasco which operates over here, where all things are uncertain and frighteningly unpredictable. In fact, many people become so disgusted with the monopolies and disfunctional liberty which exists here, that they regularly expatriate to go live in places like Sweden, Germany, even Canada, where they have the peace of mind and assurance that State coercion will provide for their every need - in a most efficient, timely, prompt, and user-friendly manner. They never have to worry about who has more or less, who is better or worse, or who knows better than anyone what is best for everyone. It's all been pre-established and exists incontrovertibly in their national consumer database. .. Blanc
At 02:48 AM 10/5/98 -0700, Blanc wrote:
They never have to worry about who has more or less, who is better or
worse, or
who knows better than anyone what is best for everyone. It's all been pre-established and exists incontrovertibly in their national consumer database. .. Blanc
The above concept is embraced by a vast number of the planets population and illustrates the ability of rationality to control perception. ---------------------------- "That's entertainment." - Vlad the Impaler
On Mon, 5 Oct 1998, me wrote:
The above concept is embraced by a vast number of the planets population and illustrates the ability of rationality to control perception.
The shorthand presently in vogue is "compartmentalization." We used to call it cognitive disonance. Seems to this observer that both sides of this thread are deep into it. I stay on this list because, just maybe, one of these days, one of you guys is gonna crack the code of anarchy v. contract enforcement. Until then, it's cogdis. MacN
participants (3)
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Blanc
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Mac Norton
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me