Monday, February 22, 2010

Free Markets No!!!!

There is no such thing as a Free Market.

“The best things in life are Free” this is a quote we hear often but is it true? That’s the million dollar question. We hear of a free meal and free market but it’s not free at all not by a long shot. They are things that go into these free markets someone had to bear the cost. In the case of free markets this can simply mean the removal of government restrictions in relation to trade. Country X can feely exchange and move goods and services to Country Y this free movement seams well but it is at a cost .The question is a cost to whom?
Who is really affected, who bears the cost of “free”. With free markets it’s the unsuspecting consumer who has to makeup for the cost of the government providing.
1. Protection of free market conditions.
2. The condition of no Subsidies.
3. The condition of no Monopolies.
Someone has to pay, its like having friends over to a party hosted by you they don’t bring anything you provide the food, drink and venue. The preparation that goes into that party is of such that
1. There is a cost involve as you have to buy the food and drink.
2. There is a cost in transportation of the food items.
3. There is a cost in the preparation and cleanup of the party environment electrical cost, rental cost etc.
So the party is free to those that attend it but it was not really.
I can conclude that our world system is not based on anything that’s fee at all. The word free is used to point out that it’s not a cost to you but to someone else.
The presentation for me just reiterated that concept I’m made more aware that the quote “ The best thing in life is free “ is true someone paid so the you can have it fee that suggest that someone actually cared .The feeling of someone caring is the best thing (feeling )a person could ever have.

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