Interesting socialist slant on the "pitfalls" of a free market. Talking points from just the first article alone shows how its being used to twist it to their own agenda:
THE RULE OF THE MARKET. Liberating "free" enterprise or private enterprise from any bonds imposed by the government (the state) no matter how much social damage this causes. Greater openness to international trade and investment, as in NAFTA. Reduce wages by de-unionizing workers and eliminating workers' rights that had been won over many years of struggle. No more price controls. All in all, total freedom of movement for capital, goods and services. To convince us this is good for us, they say "an unregulated market is the best way to increase economic growth, which will ultimately benefit everyone." It's like Reagan's "supply-side" and "trickle-down" economics -- but somehow the wealth didn't trickle down very much.
[Me ~ a free market wouldn't necessarily reduce wages. People will work the jobs that pay the best causing competition among the companies to keep good employees. Price controls are not needed. People will stop buying things that are priced too high, forcing companies to lower their prices. The wealth didn't trickle down in the Reagan era because we didn't have a free market. Duh.]
CUTTING PUBLIC EXPENDITURE FOR SOCIAL SERVICES like education and health care. REDUCING THE SAFETY-NET FOR THE POOR, and even maintenance of roads, bridges, water supply -- again in the name of reducing government's role. Of course, they don't oppose government subsidies and tax benefits for business.
[The best safety net for the poor is the understanding that they must work for a living and put away for their retirement. Education should be handled on the local level with freedom of choice for parents to decide where their kids go to school. This will force a community to fund the best education for their kids and force the schools themselves to improve their services in order to compete for enrollment. The state has no business in education since its ultimately the parents' job to educate their kids. A free market capitalist opposes subsidies for businesses and all taxes.]
DEREGULATION. Reduce government regulation of everything that could diminsh profits, including protecting the environmentand safety on the job.
[Well yeah! If you regulate everything and diminish profits, how is the business to grow and employ more people? If the job isn't safe, don't work there. If the business destroys the environment, bring a lawsuit and don't buy their product. Those businesses will change if they want to stay in business]
PRIVATIZATION. Sell state-owned enterprises, goods and services to private investors. This includes banks, key industries, railroads, toll highways, electricity, schools, hospitals and even fresh water. Although usually done in the name of greater efficiency, which is often needed, privatization has mainly had the effect of concentrating wealth even more in a few hands and making the public pay even more for its needs.
[The private sector always outperforms the Govt. LOL How do they think those railroads, highways, schools, and hospitals began? The Govt didn't start those businesses, private businesses did.]
ELIMINATING THE CONCEPT OF "THE PUBLIC GOOD" or "COMMUNITY" and replacing it with "individual responsibility." Pressuring the poorest people in a society to find solutions to their lack of health care, education and social security all by themselves -- then blaming them, if they fail, as "lazy."
[Yep, sometimes people need pressure to do what's best for themselves. Necessity is the mother of invention. BTW, nobody lacks healthcare, hospitals are required to treat people for all emergencies regardless of their ability to pay.]
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