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View Diary: Comcast To Buy Time Warner Cable... What Could Possibly Go Wrong? Updated x2 (158 comments)

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  •  When corporatists say "free' markets, what (9+ / 0-)

    they really mean is "unregulated" markets. Free markets don't stay that way without regulation. They quickly devolve into monopolies or even feudalism. That's my take on it.

    The ill-informed masses getting their "news" from Good Morning America and the Wall Street Journal generally have superstitious faith in the infallibility of "free markets" because that's been the national religion since the Reagan era.

    Reaganomics noun pl: blind faith that unregulated capitalism can provide unlimited goods for unlimited people on a planet with finite resources. Synonyms: trickle-down; voodoo economics. Antonyms: common sense. Related Words: Laffer curve.

    by FrY10cK on Thu Feb 13, 2014 at 09:48:42 AM PST

    [ Parent ]

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