From: Zero Powers (zero_powers@hotmail.com)
Date: Sat Jun 17 2000 - 12:56:01 MDT
>From: "Michael S. Lorrey" <retroman@turbont.net>
>
>Zero Powers wrote:
> >
> > >From: Max More <max@maxmore.com>
> > >
> > >Have you ever traveled to the third world? Do you really think they
>live in
> > >a free market society? (I dislike the term "capitalist"--the term was
> > >coined by Karl Marx, who understood nothing about human capital.)
> >
> > Pardon me while I mount my soapbox...
> >
> > I believe Mexico, Jamaica and the Bahamas would qualify. I've been
>there
> > and I've observed squalid poverty in each of those places, and they each
> > have "free market" societies. Do I believe these places would be better
>off
> > if they were communist? No. Again, that is *not* what I'm saying. I
> > realize that poverty has myriad causes, historical, social, political
>and
> > personal. *No economic system* can alone eliminate poverty in today's
> > world. I realize that.
>
>Mexico and Jamaica do NOT have 'free markets'. Their markets are tightly
>controlled by the government and the oligopolists/mercantilists that
>control the government. Mexico has always been a very
>feudal/mercantilist economy, not a free market.
If by "free market" you mean an economy with no governmental intervention,
then there is none on the face of the planet.
-Zero
"I like dreams of the future better than the history of the past"
--Thomas Jefferson
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