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Politics : Formerly About Advanced Micro Devices
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To: bentway who wrote (741335)9/23/2013 11:27:27 PM
From: Jorj X Mckie  Read Replies (1) of 1578989
 
When a slave is a possession, the free market can and did sell it.


I understand that there were times in the U.S. when slaves were bought and sold and used to create wealth for the people who claimed them as possessions. The fact that they were slaves means they were forced. Whenever there is force in any economic transaction it specifically excludes free market activity. And the slaves weren't the only people who were negatively affected by this (though certainly the most negatively affected). Using slaves gave the slaveowners an unfair advantage in the market, which had a huge negative impact on the economy (and society as a whole). Where you may minimize the impact on the economy, it should be noted that much of motivation for the civil war wasn't anti-slavery because northerners liked negros and wanted to give them a fair shake, it was anti-slavery because of the unfair economic advantage it gave the southern slave owners.

so again, where slavery exists, free markets cannot exist.

For thousands of years. It's all in the labeling. There's nothing in market economics that prevents slavery.


Hence my comment about a constitutional republic that protects the rights of individuals.
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