The free market works?

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.

>>33
I'm forced to agree, Capitalism is the best system we have right now. I was mostly addressing the Libertarians who always treat the Invisible Hand like it's some comic superhero that always arrives just in time to save the day. It's not. It might always achieve equilibrium in the long run, but that equilibrium doesn't necessarily distribute the wealth very well.

And I don't agree with Jefferson. If you had a violent revolution every 20 years, you'd never have a stable, safe country that's necessary to growth. Civil war tends to be counterproductive.