- Capitalism and Alternatives -

Good Job.

Posted by: Red Deathy ( Socialist Party, UK ) on August 27, 1999 at 12:51:36:

In Reply to: Think again posted by Gee on August 27, 1999 at 12:00:16:

: And I couldnt leave you without some words form someone you are sworn to burn as a heretic, or sometning; Milton Friedman

Good Job he's an economist, he'd fail history soooo badly...

: and mostly they have developed by accident rather than by design. It was a pure accident that Hong Kong achieved a free market. Insofar as anyone designed it, it was the colonial officials who were sent there; but it was a pure accident that they were favorable to, or at east not hostile to, a free market.

Except they came from Engalnd, a bastion of free-marketism, as part of an empire building free markets, after two hundred years of class struggle to build free markets. this guy has a weird idea oabout accidents, I bet he thinks history is just a series of random events...

:It was an accident that a free market developed in the United States, nothing natural about it.

Except that the revolution to found teh coutnry was led by merchants and free marketeers, but no, they must ahve beena asleep or something, accidently making free-markest while trying to design a totalitarian bureaucracy of junkerism along German lines...

: What happened is that in the Panic of 1837 they all went broke, and that destroyed people's belief that the way to run a country was by government. That had a great deal to do with the subsequent widespread belief that small government was the best government."

However, not, that narrative does not blame the Government *for* teh cirsis, simply that when the crisis hit, people found teh Government wasn't immune...

Follow Ups:

  • Causality Gee si August 27 1999 (4)
    • What's going on here? Samuel Day Fassbinder Citizens for Mustard Greens USA August 28 1999 (0)
    • Couple... Red Deathy Socialist Party UK August 27 1999 (2)
      • in context Gee si August 27 1999 (1)
        • Uh-huh. Red Deathy Socialist Party UK August 28 1999 (0)

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