Does a pure free market (according CiE followers) seek a stable balance? How do they propose dealing with it? There are plenty of examples to the contrary from the late 19th Century proving otherwise when the US Government was much more laissez faire - Standard Oil being the prime example, of course.
Unlike the natural world, I don't believe the economic world can afford to go through a period of imbalance when one individual gains a decisive financial advantage.
Does a CiE pure free market approach take into account social pressures which frequently have nothing to do with financial pressures, but affects them nonetheless?
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timeasmymeasure
Balance?
Date: 2005-05-16 05:44 am (UTC)Does a pure free market (according CiE followers) seek a stable balance? How do they propose dealing with it? There are plenty of examples to the contrary from the late 19th Century proving otherwise when the US Government was much more laissez faire - Standard Oil being the prime example, of course.
Unlike the natural world, I don't believe the economic world can afford to go through a period of imbalance when one individual gains a decisive financial advantage.
Does a CiE pure free market approach take into account social pressures which frequently have nothing to do with financial pressures, but affects them nonetheless?
- Rob