why do some people, who claim to believe in a competitive capitalist economy based on rules, desperately cling to the term "free market"? Competitive markets are not free, they have rules, so why use a term that conflicts with the market values you claim to support? A Constitutional Republic has rules and capitalists are not free to operate outside those rules.
I believe some are trying to redefine capitalism to include organizations that exhibit communistic traits like too big to fail. Free market disciple Rush Limbaugh refers to Communist China's economy, which is dominated by State owned companies, as "state capitalism". He won't call it communism because it would discredit US multinationals who've bought into the command and control economic model.
http://www.dailypaul.com/277342 (Rand Paul: One person can make a difference)
http://www.StandUpForYourRights.me/?p=1264 (Fast and Furious hearing)
Want DP delivered to your inbox daily? Subscribe here: