Mad Max RW wrote on Nov 11, 2014, 08:18:
InBlack wrote on Nov 11, 2014, 06:38:
beremot wrote on Nov 11, 2014, 04:18:
LittleMe wrote on Nov 11, 2014, 03:06:
Banks were never fully de-regulated or 'free market' they just sloppily removed critical parts of regulation because they finance industry has far too much influence of our government. The house of cards that all regulations are, crumbled quickly. Instead of taking it as an example that regulations can be dangerous, many people seemed to take it as the opposite.
We haven't had free market monies or finance here in a very long time.
It's so funny that you can make statements like this while decrying "socialism" because your essential argument--"The free market never really failed because it wasn't really a free market!"--is the EXACT SAME argument a diehard Leninist would make for the failure of communism! "Communism never really failed because there never really was a true communist state!"
Oh, the irony ...
Except its not the same. Not that Im giving creedence to LittleMe's theory or anything, Im just saying that for all intents and purposes the free-market is pretty much what we have right now and it hasnt really failed. It's working out great for the 1%!
As far as Communism is concerned its doing pretty well for itself in China.
It also created you, the most spoiled generation in all of human history.
InBlack is a white Baby Boomer?