Monday, March 13, 2017

Free market Explanation



A series of exchanges between people which don't require the intervention of a bureaucrat, gives people the freedom to trade resources, skills and time. Morally speaking, this is the correct way to conduct business. Government pointing a gun at your head to make sure you follow their rules for engaging others is not moral.

We do not need a government to tell you who you can marry, or which car to buy at the risk of sending you to jail. We don't need a government to tell companies the best way to engage with others. By no means does government know the answer to how the market should operate, and neither does the average person.

Exploitation only happens when government is the one who is forcing you into a job you don't want to do. In the free market, if you are unhappy with the relationship you came into, you are free to leave somewhere else. Companies compete with each other in many ways, and one of the biggest means of competition is that of appealing to workers/customers. I'm not going to work for a company that beats their workers when the company down the street offers ice cream instead of beatings. I'm not going to purchase from a company that pollutes a person's lake.

Any time you hear about 'free market failing,' it's always incorrect information. There's always some government collusion involved.

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