Laissez faire capitalism doesn't exist, won't exist, couldn't exist.
Funny, I point out the myth in LF, you call my argument a strawman, and then go on to say that Laissez faire capitalism doesn't exist, won't exist, couldn't exist. I think in light of the fact that we have an unregulated Laisez Faire CDS market that is quite possibly greater than the global GDP, might be reason enough for you to reconsider your assumption.
So it's really just capitalism we're talking about.
Just capitalism ? Suddenly your bias towards strong differentiation fails you. In reality there is no such thing as just capitalism, it comes in many shapes and forms. Talk about a strawman.
No, it doesn't explain the big bang. Not supposed to. It's an economic system. It will interface with lots of other systems in the real world.
You contradict yourself. If LF doesn’t, won’t or couldn’t exist, how can you make the claim that it will interface with lots of other systems. Let’s get real. Our process of democracy reflects the tension between liberty and equality. A deficit of either leads to tyranny. A strong preference for one or the other ironically might suggest an unconscious bias towards the perception that tyranny is our natural state. To the extent that such perception exists, it cannot be called objective. Btw, methinks you inferred way to much from my post.
Complex interaction.
Agreed. |