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Laisse fair economics?
I agree and fortunately the United States is a republic and not a democracy.Laissez fair economics is not a free market economy, nor captialism ...btw.
Democracy is the tyranny of the majority not really a good system either.
Sentence #1 I'll have to do some more reading then, if I'm wrong I stand corrected. (what do you expect from 1, public high school civics class?)Laissez fair economics is not a free market economy, nor captialism ...btw.[/COLOR]
Democracy is the tyranny of the majority not really a good system either.
Don't mis-understand just because I support the Democratic system and oppose the electoral collage dosn't mean I support the democratic party. I'm neutral so I concentrate on the issues not personalities or parties.I agree and fortunately the United States is a republic and not a democracy.
Sentence #1 I'll have to do some more reading then, if I'm wrong I stand corrected. (what do you expect from 1, public high school civics class?)
Well who should be in charge then if not the majority effected the most?
Don't mis-understand just because I support the Democratic system and oppose the electoral collage dosn't mean I support the democratic party. I'm neutral so I concentrate on the issues not personalities or parties.
Because it's obsolete. We don't need elected officials choosing elected officials. And we no longer have couriers on horse back to deliver election results. If the system dosn't change soon it will decay just like Greece and Rome. The country needs a manager not a figurehead. I voted for Ford, Carter and Poirot. I abstained from 80 - 08 having no candidates that I would vote for and a revenge vote against someone is like choosing between the lesser of 2 evils. Obama was a disappointment and forcing a half hearted health care bill through was a disaster.Why do you oppose the electoral college?
No to the adjective but there are egalitarian people in this world waiting for the Lord to return and in the mean time they concentrate on helping others. It's more avocation than a vocation because to us people are more important than profit.Is there anywhere on earth with an egalitarian society that I could visit? lol
I was reasonably certain that you did not support the Democratic party.Don't mis-understand just because I support the Democratic system and oppose the electoral collage dosn't mean I support the democratic party. I'm neutral so I concentrate on the issues not personalities or parties.
Hey @UnderGrace , fresh from bing answers>
Laissez-faire economics is defined as a situation with minimal government intervention. Under laissez-faire, governments and regulators ‘leave alone’ private firms to allow them to make decisions about production and output. In particular, laissez-faire involves zero / minimal government intervention on issues such as regulation, taxes and tariffs.
From Wikipedia just now>
In economics, a free market is a system in which the prices for goods and services are determined by the open market and by consumers. In a free market, the laws and forces of supply and demand are free from any intervention by a government or other authority, and from all forms of economic privilege, monopolies and artificial scarcities.[1] Proponents of the concept of free market contrast it with a regulated market in which a government intervenes in supply and demand through various methods, such as tariffs, used to restrict trade and to protect the local economy. In an idealized free-market economy, prices for goods and services are set freely by the forces of supply and demand and are allowed to reach their point of equilibrium without intervention by government policy.
Scholars contrast the concept of a free market with the concept of a coordinated market in fields of study such as political economy, new institutional economics, economic sociology and political science. All of these fields emphasize the importance in currently existing market systems of rule-making institutions external to the simple forces of supply and demand which create space for those forces to operate to control productive output and distribution.
Although free markets are commonly associated with capitalism within a market economy in contemporary usage and popular culture, free markets have also been advocated by anarchists, socialists and some proponents of cooperatives and advocates of profit sharing.[2] Criticism of the theoretical concept may regard systems with significant market power, inequality of bargaining power, or information asymmetry as less than free, with regulation being necessary to control those imbalances in order to allow markets to function more efficiently as well as produce more desirable social outcomes.
What's the difference?
Hey @UnderGrace , fresh from bing answers>
Laissez-faire economics is defined as a situation with minimal government intervention. Under laissez-faire, governments and regulators ‘leave alone’ private firms to allow them to make decisions about production and output. In particular, laissez-faire involves zero / minimal government intervention on issues such as regulation, taxes and tariffs.
From Wikipedia just now>
In economics, a free market is a system in which the prices for goods and services are determined by the open market and by consumers. In a free market, the laws and forces of supply and demand are free from any intervention by a government or other authority, and from all forms of economic privilege, monopolies and artificial scarcities.[1] Proponents of the concept of free market contrast it with a regulated market in which a government intervenes in supply and demand through various methods, such as tariffs, used to restrict trade and to protect the local economy. In an idealized free-market economy, prices for goods and services are set freely by the forces of supply and demand and are allowed to reach their point of equilibrium without intervention by government policy.
Scholars contrast the concept of a free market with the concept of a coordinated market in fields of study such as political economy, new institutional economics, economic sociology and political science. All of these fields emphasize the importance in currently existing market systems of rule-making institutions external to the simple forces of supply and demand which create space for those forces to operate to control productive output and distribution.
Although free markets are commonly associated with capitalism within a market economy in contemporary usage and popular culture, free markets have also been advocated by anarchists, socialists and some proponents of cooperatives and advocates of profit sharing.[2] Criticism of the theoretical concept may regard systems with significant market power, inequality of bargaining power, or information asymmetry as less than free, with regulation being necessary to control those imbalances in order to allow markets to function more efficiently as well as produce more desirable social outcomes.
What's the difference?
I'm a thinking person like you. Perhaps you can change my mind. You may paraphrase since I don't feel much like reading an encyclopedia.I knew you would ask too!!!
I'm a thinking person like you. Perhaps you can change my mind. You may paraphrase since I don't feel much like reading an encyclopedia.
Hardly capitalism....smh!!
The problems with Rome had nothing to do with a free market economy, same with the USA....that is just silly.![]()