Home > A Chatterer Rants > Free Market: Something None of Us Have Experienced

Free Market: Something None of Us Have Experienced

For those who continue to say that the free market failed us the rest of us have to understand that they do not know what a free market is. In fact none of us have ever experienced a free market system in our life time. With subsidy’s given to farmers prices are set artificially rather then by a free market system. When companies like GM fail because of bad decisions made by management and bad union contracts a free market system would let them fail not bail them out with tax payer money. Failure is not a bad thing and is the key component to success. A company that fails shows others what should not be done and allows other companies to step up and take their place. There is something called “bankruptcy” that can be used by a company like GM to start over and leave its bad polices and contracts behind. Read More

Advertisements
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: