(February 17, 2016 at 11:10 am)Brian37 Wrote:(February 17, 2016 at 9:18 am)Constable Dorfl Wrote: I know well about economics, first of all I studied it for my degree and second of all I was at the wrong end of its latest failure.
What you and shit for brains and other free market cheerleading advocating retards don't understand is that free market economies will always fail as failure is an essential component of the system. Failure is the easiest and cheapest way for those at the top to ensure they stay at the top, after every single crash it is the same people who come out ok and in control of wealth, however those below get ruined. It happens every single time.
To be fair, you will never end the private sector at a global scale. There is not one nation, friend or foe, open or closed market that does not invest in the global private sector. The only reasonable thing we can do is push to hold wealth responsible for the damage it can and does cause.
I've no problem either with people using their talents to make a reasonable profit and a comfortable living. But the current economic system isn't about that at all, unfortunately, it is simply about the concentration of the greatest amount of wealth and power into the smallest possible group of people. That is why less than one percent of the world's population own half its wealth.
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