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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (320700)	1/14/2007 12:38:24 PM
From: longnshort	Respond to of 1573922

lolololol, now S. Americans will be poorer, look at Cuba

To: tejek who wrote (320700)	1/15/2007 8:59:02 PM
From: TimF	Read Replies (1) \| Respond to of 1573922

So then, what you are saying is that democracy has failed the poor in S.A. because it failed to create free markets. Democracy and dictatorships both have failed the poor in S.A. by failing to create the conditions for free markets. Do you understand the premise of socialism? Its to insure a better distribution of a society's wealth among all its people and not just the rich. When its done to the extreme, it can take away the incentive to create new business and hurt the society Even when done more moderately it reduces the incentives. The argument is over when the benefits (to the extent they exist) outweigh the reduction (and distortion) of the incentives and when/how they do not. Generally SA has had relatively unfree markets. But free markets do not guarantee less corruption. Having a free market doesn't guarantee less corruption, but it helps. Many forms of corruption are directly moves away from a free market. If the government imposes trade barriers or monopolies to benefit special interests the market is less free. To an extent to say "but free markets do not guarantee less corruption" is to say "but existing free markets don't guarantee that the market will remain free". How did you come to that conclusion? The history of South America demonstrates it.