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The free market works?

Name: Anonymous 2007-01-20 13:46

Failures in the free market were not responsible for the great depression in the US. It was due to an influx of people taking out loans to immediately put that money into the stock market that caused the crash. The free market would've corrected itself. Agree/disagree/discuss.

Name: Anonymous 2007-01-23 6:33

>>32
I don't think anyone would call you communist. That is just hard truth and it's internal fault of free market economy that can't be fixed. Growth is the key problem, but you can't just go killing people and market routinely. Thomas Jefferson(feel free to correct if wrong) said that in order to ensure liberty we should have violent revolution every 20 years and he was right. Free market is overall best choice we currently have though. I think anyone advocating free market realises this problem, but it's just that there's no fix to it. If you think you can fix it without destroying civil rights and liberty then feel free to explain how.

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