Our server costs ~$56 per month to run. Please consider donating or becoming a Patron to help keep the site running. Help us gain new members by following us on Twitter and liking our page on Facebook!
Current time: July 19, 2025, 4:11 pm

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
The Invisible Hand of the Market....Again
#11
RE: The Invisible Hand of the Market....Again
(February 5, 2014 at 10:10 pm)Moros Synackaon Wrote: Is it prohibited by the free market to use your resources and your willing allies to force others to play by your rules?
Quoting from Wikipedia again:

"A free market is a market economy in which the forces of supply and demand are not controlled by a government or other authority."

So no, it's not prohibited to use your resources and willing allies to force others to play by your rules, but if you try to do it, and your "willing ally" is the government, then it's categorically not a free market anymore, and due to the use of government intervention, the "invisible hand" metaphor is not applicable.



(February 6, 2014 at 12:20 am)Minimalist Wrote: Divi Tiberio, I simply do not think you are as naive as you come across.
...and I don't think you are as confused over definitions as you come across. Unfortunately I rather think you like to do it on purpose.

Quote:When you speak of the invisible hand of the market you sound like Drippy whining about his fucking god and with good reason. Neither exist.
It's a metaphor...of course it doesn't "exist". However, if you think that a marketplace cannot regulate itself, you and I are at a disagreement. Markets have existed to some degree before governments started trying to control them, and there are still parts of the market that are not regulated by the government. To deny market self regulation is to deny reality.

Quote:In the case at hand these corporate cocksuckers are buying influence and access to government to pass laws (which they are writing for their wholly owned legislative subsidiaries) to introduce and which do exactly the opposite of what you claim capitalism is all about. They are corrupting markets by stealing everything that isn't nailed down.
Here's the fucking stupid thing: we agree on this part. I've told you as much before. I hate, hate, hate corporatism. I despise the fact that businesses can purchase laws that give them an advantage in the market.

However, instead of blaming the "free market" or the "invisible hand", I understand that those terms both explicitly require that government intervention in the market doesn't happen.

If the government intervenes in a "free market", then it is no longer a "free market".
If the government attempts to be the "invisible hand", then the "invisible hand" metaphor no longer applies.

You shift the blame when making posts like these, from those that are responsible (the company behind the legislation and the government itself) to the free market, or to the "invisible hand".

To give an analogy, it's like having a country declare itself a democracy, then having a candidate rig the voting machines so he wins in a landslide victory and can make up any new laws he pleases, and them blaming democracy for what has happened. Democracy isn't to blame, because a democracy is defined as a form of government in which "all eligible citizens participate equally". If the candidate has rigged the voting machines so that eligible citizens cannot participate (or their participation is nulled), then the government is no longer a democracy.

Quote:Kindly wake up. You are smarter than this. Which makes me suspicious of your motives.
Kindly read a dictionary, or at least look up terms on Wikipedia before you try to use them in conversation. You are smarter than this!

We do not have a free market system; free market analogies and metaphors do not apply!
Reply



Messages In This Thread
The Invisible Hand of the Market....Again - by Minimalist - February 3, 2014 at 6:00 pm
RE: The Invisible Hand of the Market....Again - by Gish - February 3, 2014 at 8:35 pm
RE: The Invisible Hand of the Market....Again - by Gish - February 3, 2014 at 9:34 pm
RE: The Invisible Hand of the Market....Again - by KUSA - February 3, 2014 at 9:43 pm
RE: The Invisible Hand of the Market....Again - by Tiberius - February 5, 2014 at 7:54 pm
RE: The Invisible Hand of the Market....Again - by Minimalist - February 6, 2014 at 12:20 am
RE: The Invisible Hand of the Market....Again - by Tiberius - February 6, 2014 at 5:31 am
RE: The Invisible Hand of the Market....Again - by Tiberius - February 6, 2014 at 10:44 am
RE: The Invisible Hand of the Market....Again - by Ryantology - February 6, 2014 at 10:42 pm
RE: The Invisible Hand of the Market....Again - by Tiberius - February 8, 2014 at 8:33 pm
RE: The Invisible Hand of the Market....Again - by TaraJo - February 9, 2014 at 1:53 am
RE: The Invisible Hand of the Market....Again - by Ryantology - February 9, 2014 at 11:42 am
RE: The Invisible Hand of the Market....Again - by Tiberius - February 9, 2014 at 11:48 am
RE: The Invisible Hand of the Market....Again - by Ryantology - February 10, 2014 at 3:16 am
RE: The Invisible Hand of the Market....Again - by TaraJo - February 10, 2014 at 12:15 pm
RE: The Invisible Hand of the Market....Again - by TaraJo - February 10, 2014 at 1:47 pm
RE: The Invisible Hand of the Market....Again - by A Theist - February 10, 2014 at 1:06 pm
RE: The Invisible Hand of the Market....Again - by TaraJo - February 10, 2014 at 1:16 pm
RE: The Invisible Hand of the Market....Again - by A Theist - February 10, 2014 at 1:56 pm
RE: The Invisible Hand of the Market....Again - by TaraJo - February 10, 2014 at 2:04 pm
RE: The Invisible Hand of the Market....Again - by A Theist - February 10, 2014 at 2:13 pm
RE: The Invisible Hand of the Market....Again - by Tiberius - February 18, 2014 at 5:12 am
RE: The Invisible Hand of the Market....Again - by Ryantology - February 18, 2014 at 5:31 am

Possibly Related Threads...
Thread Author Replies Views Last Post
  Don't hand me this garbage, FIST BUMP! Brian37 22 3201 November 4, 2020 at 5:06 pm
Last Post: Brian37
  Why does it have to be government vs market? Aegon 15 4082 December 30, 2017 at 11:47 am
Last Post: CapnAwesome
  They can have my c*ck when they pry it from my cold dead hand... Doubting Thomas 19 5801 March 14, 2017 at 10:00 am
Last Post: Thumpalumpacus
  All Hail The Free Market Minimalist 7 2914 September 26, 2015 at 5:23 pm
Last Post: Minimalist
  Are the Libertards Overplaying Their Hand? Minimalist 2 1200 May 6, 2015 at 2:57 pm
Last Post: Dystopia
  The Invisible Hand of the Market Has You By The Balls Minimalist 29 7773 March 17, 2015 at 10:24 pm
Last Post: Minimalist
  Another Example of the Invisible Hand of the Market Minimalist 11 5384 January 21, 2014 at 11:34 pm
Last Post: Minimalist
  Some People Call This "The Invisible Hand of the Market" Minimalist 0 1170 July 29, 2013 at 3:23 pm
Last Post: Minimalist
  How the market liberalisation of prostetution increased the exploitation of women. Something completely different 15 6808 June 1, 2013 at 10:51 pm
Last Post: Mahafsoun NM
  Some People Call This "The Invisible Hand of the Market" Minimalist 5 2505 August 3, 2012 at 5:13 pm
Last Post: Faith No More



Users browsing this thread: 1 Guest(s)