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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (546093)1/26/2010 2:26:58 PM
From: tejek  Read Replies (1) of 1575446
 
there are a whole group of people who not only benefit from the free markets but are hurt by them.

With totally unfree markets even the poor would be much worse off.


Actually the poor would be better off at least temporarily if the markets were not so free. However, in the long run it would hurt everyone. And I have never proposed that the markets be unfree so its a straw man.

Free markets in general help almost everyone. Including (to the extent government is being helpful) providing the funds for government to live off of.

To a degree they help everyone but to a greater degree they tend to help the very rich more......like they are doing now.

Specific actions within the free market will of course cause both harm and good, but on the balance government attempts to deal with these specific acts tend to cause more harm than good.

That's simply your bias......you grew up thinking a particularly way and can't break out of that mold. Its just not true.

If the government narrowly focuses on, and limits itself to the very best cases for possible government intervention, than perhaps there is a decent chance that the intervention does some good, but as government intervention continues to expand to a greater and greater extent, additional interventions become less and less likely to be helpful, and also become more likely to be justified by conditions that where to a large extent created by previous government interventions.

Again, your bias....the truth is any bureaucracy....private or public will respond to problems in a particular way.
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