Lack of govt. involvement in a regulatory fashion is something we've seen before, and it was a massive failure. I've gone over it before. Again public financing of elections, equal time regulation like they used to have, and the lobbying is out or drastically reduced in its effect.
you are agreeing with me When? name the last free market in the US. All I keep hearing from the liberals on the board is free markets don't exist. And you keep getting shown your wrong. One can just fund some news organization to push whatever agenda they feel like. It's called free speech.
Take a pick between the free banking era, robber barons, or the Great Depression if you want to see the virtues of facets of the market being unregulated.
more and more are joining the movement 170 Economists Sign Statement In Support Of Occupy Wall Street Crooks and Liars’ Susie Madrak points out that Econ4.org has posted an open letter from economists in support of Occupy Wall Street. Now, 170 economists have signed it. The economists complain about the right-wing dominance of the economics profession and say they support a “vision of building an economy that works for the people, for the planet, and for the future“:
for those too lazy to follow the link Gerald Epstein / University of Massachusetts Amherst James K. Boyce / University of Massachusetts Amherst Taro Abe / Nagoya Gakuin University Bengi Akbulut / University of Manchester Randy Albelda / University of Massachusetts Boston Gar Alperovitz / University of Maryland Nurul Aman / University of Massachusetts Boston Michael Ash / University of Massachusetts Amherst Enid Arvidson / University of Texas at Arlington Dennis Badeen / York University Lee Badgett / University of Massachusetts Amherst Dean Baker / Center for Economic and Policy Research Samuel L. Baker / Purdue University Scott Baker / Public Banking Institute Erdogan Bakir / Bucknell University Benjamin Balak / Rollins College Radhika Balakrishnan / Rutgers University Fabian Balardini / Borough of Manhattan Community College Nesecan Balkan / Hamilton College Nina Banks / Bucknell University Deepankar Basu / University of Massachusetts Amherst Ravi Bhandari / St. Mary’s College Peter C. Bloch / University of Wisconsin-Madison Roger Evan Bove / West Chester University Elissa Braunstein / Colorado State University Ted Burczak /Denison University Al Campbell / University of Utah Jessica Carrick-Hagenbarth / University of Massachusetts Amherst Scott Carter / University of Tulsa Paresh Chattopadhyay / University of Quebec Robert Chernomas / University of Manitoba Jennifer Cohen / University of Massachusetts Amherst Steve Cohn / Knox College Lilia Costabile / University of Naples J. Kevin Crocker / University of Massachusetts Amherst James Crotty / University of Massachusetts Amherst James M. Cypher / Universidad Autónoma de Zacatecas Omar S. Dahi / Hampshire College Anita Dancs / Western New England University Adel Daoud / University of Gothenburg Erik Dean / University of Missouri Kansas City Carmen Diana Deere / University of Florida Francois Delorme / Association des Economistes Québécois Joao Paulo de Souza / UMASS-Amherst George DeMartino / University of Denver Serkan Demirkilic / University of Massachusetts Amherst Maarten de Kadt Hans Despain / Nichols College Carlo D’Ippoliti / Sapienza University of Rome Jonathan Diskin / Earlham College Geert Dhondt / City University of New York David Donald / Glasgow Caledonian University Peter Dorman / Evergreen State College Lynn Duggan / Indiana University Bloomington Gary Dymski / University of California Riverside Marie Christine Duggan / Keene State College Nina Eichacker / University of Massachusetts Amherst Benan Eres / Ankara University Bilge Erten / United Nations, DESA Kade Finnoff / University of Massachusetts Boston Gerald Friedman / University of Massachusetts Amherst James K. Galbraith / University of Texas Austin Robert F. Garnett / Texas Christian University Heidi Garrett-Peltier / University of Massachusetts Amherst Armagan Gezici / Keene State College Don Goldstein / Allegheny College Jonathan P. Goldstein / Bowdoin College Mitch Green / University of Missouri Kansas City Robin Hahnel / American University Jay P. Hamilton / City University of New York Amy Hart / University of Sydney Martin Hart-Landsberg / Lewis and Clark College James Heintz / University of Massachusetts Amherst Arturo Hermann / ISTAT Marianne Hill / Mississippi Center for Policy Research Michael G. Hillard / University of Southern Maine Wolfgang Hoeschele / Truman State University Joan Hoffman / City University of New York Sue Holmberg / University of Massachusetts Amherst Kiaran Honderich / Williams College Barbara Hopkins / Wright State University Alan Hutton / Glasgow Caledonian University Ruth Indeck / Economy Connection Ryan Isakson / University of Toronto Frederic B. Jennings Jr. / Center for Ecological Economics and Ethical Education, Ipswich, MA Tae-Hee Jo / Buffalo State College Emily Kawano / University of Massachusetts Amherst Seçil Aysed Kaya / Ankara University Marlene Kim / University of Massachusetts Boston Yun Kyu Kim / Trinity College Mary C. King / Portland State University Robert Kirsch / Virginia Tech Mark Klinedinst / University of Southern Mississippi Katharine Kontak / Bowling Green State University Gonca Konyali / Dokuz Eylul University David Kotz / University of Massachusetts Amherst Philip Kozel / Rollins College David Kristjanson-Gural / Bucknell University David Laibman / City University of New York Mehrene Larudee / Al-Quds Bard Honors College Frederic Lee / University of Missouri Kansas City Fernando Leiva / University at Albany (SUNY) Antonio Lopes / Second University of Naples Fiona Maclachlan / Manhattan College Stephen A Marglin / Harvard University Wesley Marshall / UAM-Iztapalapa Thomas Masterson / Levy Economics Institute of Bard College Julie Matthaei / Wellesley College Matthew May / University of Missouri Kansas City Elaine McCrate / University of Vermont Andrew Mearman / University of the West of England, Bristol Michael Meeropol / Western New England University Ralph Meima / Marlboro College Graduate School Peter B. Meyer / University of Louisville Gary Mongiovi / St. John’s University Albert Mosley / Smith College Jamee K. Moudud / Sarah Lawrence College Catherine P. Mulder / City University of New York Marta Murray-Close / University of Massachusetts Amherst Ellen Mutari / The Richard Stockton College of New Jersey Sirisha Naidu / Wright State University Kamran Nayeri / University of California Berkeley Jessica Gordon Nembhard / City University of New York Julie A. Nelson / University of Massachusetts Boston Eric Nilsson / California State University San Bernardino Richard B. Norgaard / University of California Berkeley Erik Olsen / University of Missouri Kansas City Hiroshi Onishi / Kyoto University Cem Oyvat / University of Massachusetts Amherst Aaron Pacitti / Siena College Thomas Palley / New America Foundation Susan Parks / University of Wisconsin-Whitewater Eva Paus / Mount Holyoke College Samuel R Pavel / Southern Illinois University Carbondale Karl Petrick / Western New England University Paddy Quick / St. Francis College Peter Radford Arslan Razmi / University of Massachusetts Amherst Jack Reardon / Hamline University Robert Reinauer / Rollins College Stephen Resnick / University of Massachusetts Amherst Meenakshi Rishi / Seattle University Charles P. Rock / Rollins College Leopoldo Rodriguez / Portland State University Sergio Rossi / University of Fribourg Héctor Sáez / University of Massachusetts Amherst Daniel E. Saros / Valparaiso University Harwood D. Schaffer / University of Tennessee Institute of Agriculture Helen Scharber / Hampshire College Elliott Sclar / Columbia University Ian J. Seda-Irizarry / University of Massachusetts Amherst Kristen Sheeran / Economics for Equity and the Environment Barry Shelley / Brandeis University Ceren Soylu / University of Massachusetts Amherst Peter Spiegler / University of Massachusetts Boston Liz Stanton / Tufts University Martha A. Starr / American University Mark Stelzner / University of Massachusetts Amherst Tamara Stenn / Keene State College John Stifler / University of Massachusetts Amherst Engelbert Stockhammer / Kingston University Ian C. Strachan / Nichols College Sarah Surak / Virginia Tech Janet M. Tanski / University of Missouri Linwood Tauheed / University of Missouri Kansas City Pavlina R. Tcherneva / Franklin and Marshall College Hasan Tekgüç / Mardin Artuklu University Jim Tober / Marlboro College Zdravka Todorova / Wright State University Junji Tokunaga / University of Massachusetts Amherst Mariano Torras / Adelphi University Andrew Trigg / Open University Eric Tymoigne / Lewis and Clark College Hendrik Van den Berg / University of Nebraska – Lincoln Roberto Veneziani / Queen Mary University of London Valerie Voorheis / University of Massachusetts Amherst Mwangi wa Gĩthĩnji / University of Massachusetts Amherst Thomas E. Weisskopf / University of Michigan Julian Wells / Kingston University Anastasia C. Wilson / University of Massachusetts Amherst L. Randall Wray / University of Missouri Kansas City Ajit Zacharias / Bard College Klara Zwickl / University of Massachusetts Amherst
Add the following names to the list. Joesph Stiglitz, Nobel laureate, former Chairman of Economic Advisers Nouriel Roubini Chairman of Roubini Global Economics Professor of Economics at the Stern School of Business, New York University Jeffery Sachs, Director of The Earth Institute at Columbia University. William D. Nordhaus, Sterling Professor of Economics, Yale University Paul Krugman, Nobel Laureate Suresh Naidu, Assistant Professor of Economics and Public Affairs, Columbia University
Except insider trading and other forms of corruption isn't something that is limited to the government.
Why is there no motive in a free market? Their reason for being is to oppose free market. They lobby to adjust the economy according to their personal interests. As long as profit is possible, they will lobby. THAT'S free market. They are abusing the freedom they are given by the market to adjust the freedoms to their interests. The problem is, there is no one significant and rich enough to lobby for the free market. So this is just going south. Not only that, by now they are getting better and better at getting the highest return from their lobbying. The channels are open - get resources from those who have good connections with government. Just listen to the tone of the letter posted. It doesn't at all mention if the expected changes are justified or not. It doesn't even get considered. There is no other way to summarize that letter but "this OWS thing can really screw up what we have going here." and that's not an exaggeration at all at all at all. You're constantly whining about people acting like children/adults when this 1% is now throwing itself on the ground and refusing to co-operate. As a parent, what can you do when a child does that, say, in a mall? But these are not children. They have just learned that acting like children fills their pockets. It's the equivalent of children who throw a fit if they don't get their candy - they're hooked on sugar and they will do anything to get their fix. The difference is these people are hooked on money, and unfortunately humans are geared in a way that a reduction in standard of living is unimaginable, regardless of how that standard of living was achieved. Is it only civil disobedience if a natural person does it? It's over. If it doesn't happen now, it will happen relatively soon. Because corporations forget, but people don't.
What I love is all this free market bs and how somehow supporting that isn't on the side of the lobbyists. That's exactly what the lobbyists want, and what they've been trying to get as long as there are lobbyists. It's what all the overpaid CEO's, wealthiest 1 %, etc. have been preaching forever. It says something that Tallanvor and basso are on the side of the lobbyists, CEO's and wall street fat cats. And just because Tal and basso are arguing for the exact same policies that they want doesn't mean Tal and basso are on the side of the corrupt CEO's and lobbyists. It's a joke.
If it doesn't involve a governing body it's not really corruption (at least not in the sense I was using it). Oxford Dictionary Oxford Dictionary of Economics Why would lobbyists want a free market? They would be out of a job. Again, it's very simple, if the government doesn't involve itself in a given market then what would a company lobbyist be lobbying for?
So you alleged "libertarians" think that once the Ayn Rand paradise is achieved and government is cut down to the bare bones, the corporate/wealthy lobby will just stop trying to add powers to the government and manipulate such powers to their advantage?
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