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Politics : Mainstream Politics and Economics
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To: koan who wrote (24346)8/21/2012 6:54:39 PM
From: TimF  Read Replies (2) of 85487
 
So arguing for free markets makes no sense unless they can solve all problems?

What a silly notion.

Slavery (at least in the US, and to be stable on a large scale anywhere) required an imposition of government force. Segregation was weakened by the market interest of people in this country, but the extent that markets helped the situation was limited by government force (most clearly with Jim Crow laws, but also with prevailing wage laws, and even minimum wage laws, also with license requirements)

If I was to assert something like "there is no need for governments under any circumstances, markets can always and everywhere take care of every problem", then "How would markets have ended slavery and segregation?" would be a legitimate counter argument, and one of many. I could pile on quite a few additional ones myself if I felt like joining you in knocking down that straw man.

But of course no one here is saying any such thing.
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