OrangeEmpire
The White Debonair
- Joined
- Nov 28, 2005
- Messages
- 74,988
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- 60
After the ridiculous TVA crap that sent everyone's electric bill sky high because the Authority is absolutely incompetent, I think that in some cases (like that of TVA) some sort of regulation couldn't be an altogether bad thing.
I guess it depends on the definition of "price controls". Utilities do face some "control" of their pricing via public boards and other mechanisms.
I thought OE was talking about government setting price levels.
:lolabove:
I hope you're being sarcastic - if so, congrats.
The 'invisible God-hand of the free-market' idea is so quaint and naive it is almost too much this early in the morning.
:lolabove:
I hope you're being sarcastic - if so, congrats.
The 'invisible God-hand of the free-market' idea is so quaint and naive it is almost too much this early in the morning.
yes because capitalism has worked so poorly for us and socialism has worked so well for the europeans over the past 60 years.
What is this invisible hand anyway? It is just us, selfish people, doing their thing and trying to get the best for themselves. How, pray tell, is this ever imagined to be a perfect economic policy? What is the role of government if not to help secure our economic well-being (along with, of course, securing social freedoms and protecting us from threats, etc.)?
First, we have never tried a truly free market, just as nobody has ever tried pure, non-partisan socialism. Second, I am not advocating pure-socialism. Third, capitalism has not worked that well for us given that only a few hundred years ago we landed smack-dab in the middle of an expansive land with little to prevent us from tapping enormous amounts of resources. Ignoring the fact that this obscene belief in letting the market do it's job got us partly here in the first place.
What is this invisible hand anyway? It is just us, selfish people, doing their thing and trying to get the best for themselves. How, pray tell, is this ever imagined to be a perfect economic policy? What is the role of government if not to help secure our economic well-being (along with, of course, securing social freedoms and protecting us from threats, etc.)?