Comments on: What free market? http://blog.aynrandcenter.org/what-free-market/ Mon, 24 Oct 2011 16:44:58 +0000 hourly 1 By: D G Bokare http://blog.aynrandcenter.org/what-free-market/comment-page-1/#comment-506 D G Bokare Sat, 25 Apr 2009 17:17:34 +0000 http://blog.aynrandcenter.org/?p=1144#comment-506 What are the basic foundations of 'free market'? The market should be free to decide the prices of goods. No one should be able to dictate or influence quantities and prices of goods coming in the market. Entry in the production and market should be free for any one to compete. Shall we say this is happening in the present market conditions? NO. Industrial goods are coming with tags of brands, patents, trade marks, etc. The prices of these are decided not in market but in factories of monopoly producers. They are privileges people who receive protection under patent and other monopoly laws passed by Congress. Agricultral products do not enjoy this privilege. Their prices are decided in the market. That sector is very close to 'free market' concept. Industrial products are controlled by monopoly laws. If free market concept in true sense is implemented, the capitalism would not survive. Free market would bring down prices as a trend and profits would be lower regularly and production would be stopped by monopoly producers and over time they will close the industrial units permanently. This will get converted into small production units which would exist not for profit but for living. This is as per natural laws. Man-made laws are creating monopolies. Refer any textbook on economics to find true meaning of "free market". Present day economists are telling half truth when they say world economy is working on free market concepts. What are the basic foundations of ‘free market’? The market should be free to decide the prices of goods. No one should be able to dictate or influence quantities and prices of goods coming in the market. Entry in the production and market should be free for any one to compete. Shall we say this is happening in the present market conditions? NO. Industrial goods are coming with tags of brands, patents, trade marks, etc. The prices of these are decided not in market but in factories of monopoly producers. They are privileges people who receive protection under patent and other monopoly laws passed by Congress. Agricultral products do not enjoy this privilege. Their prices are decided in the market. That sector is very close to ‘free market’ concept. Industrial products are controlled by monopoly laws. If free market concept in true sense is implemented, the capitalism would not survive. Free market would bring down prices as a trend and profits would be lower regularly and production would be stopped by monopoly producers and over time they will close the industrial units permanently. This will get converted into small production units which would exist not for profit but for living. This is as per natural laws. Man-made laws are creating monopolies. Refer any textbook on economics to find true meaning of “free market”. Present day economists are telling half truth when they say world economy is working on free market concepts.

]]> By: Alan Brown http://blog.aynrandcenter.org/what-free-market/comment-page-1/#comment-195 Alan Brown Wed, 18 Mar 2009 12:11:59 +0000 http://blog.aynrandcenter.org/?p=1144#comment-195 Anyone who understands what a free market is already knows the US market has been increasingly unfree of government interference. Unfortunately, the general public doesn't seem to understand this and how rolling back the shenanigans will benefit them personally in the long run. We need a series of clever commercials to get the word out. Anyone who understands what a free market is already knows the US market has been increasingly unfree of government interference. Unfortunately, the general public doesn’t seem to understand this and how rolling back the shenanigans will benefit them personally in the long run.

We need a series of clever commercials to get the word out.

]]> By: America’s Unfree Market « Justbkuz http://blog.aynrandcenter.org/what-free-market/comment-page-1/#comment-182 America’s Unfree Market « Justbkuz Mon, 16 Mar 2009 19:51:56 +0000 http://blog.aynrandcenter.org/?p=1144#comment-182 [...] March 16, 2009 in Can't Stop The Signal | Tags: Capitalism, free market Contrary to politicians’ and legacy media’s hogwash, the American market was not free prior to the economic meltdown.  From Voices For Reason, What Free Market? [...] [...] March 16, 2009 in Can’t Stop The Signal | Tags: Capitalism, free market Contrary to politicians’ and legacy media’s hogwash, the American market was not free prior to the economic meltdown.  From Voices For Reason, What Free Market? [...]

]]> By: Lee http://blog.aynrandcenter.org/what-free-market/comment-page-1/#comment-181 Lee Mon, 16 Mar 2009 18:00:33 +0000 http://blog.aynrandcenter.org/?p=1144#comment-181 Now to add insult to injury Obama decided to direct Geithner to get bonus money back from AIG Executives. Unconscionable! Legal contracts entered into freely by private parties being violated by government in the name of the collective. What next? Now to add insult to injury Obama decided to direct Geithner to get bonus money back from AIG Executives. Unconscionable! Legal contracts entered into freely by private parties being violated by government in the name of the collective. What next?

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