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View Diary: Crumbs much too small for the other Whos' mouses (199 comments)

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  •  The phrase "free market" is essentially (1+ / 0-)
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    billlaurelMD

    meaningless, except to the extent that it is a lie, and the market is made very, very restricted and very, very expensive for most of us. ^_^

    There is the unregulated Laissez-Faire market beloved of many among the rich and among those who suppose that they can get rich by abusing it, and the competitive market in which no economic entity (corporation, partnership, individual) has excessive economic power, whether that is the power to set prices, the power to exclude others from the market, the power to acquire economic information and prevent others from getting it, or any other. While Perfect Competition is unattainable, markets work measurably better with each step toward it.

    America—We built that!

    by Mokurai on Sun Dec 16, 2012 at 10:57:46 AM PST

    [ Parent ]

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