RadioRaheem84
8th March 2008, 19:40
Free Markey enthusiasts love to denounce the ills of government and the state as being coercive, but rarely denounce the coercive elements their ideology has on the poor.
The effects of their buying and selling, cutting and spending, etc. make people in the lower rung of society move and back forth, finding or transfering jobs multiple times in their lifetime.
The only thing that keeps them from justifying their ideology and denouncing the state is because they presuppose their economic outlook to be a science. The "invisible hand" of the market is somehow something beyond you and I. Public intervention in the private sector would only harm the natural purity of the market.
What they do not know is that government (when not beholden to private interests) is the only thing the poor have to combat corporate corruption (like in the guilded age). It benefits them sometimes. What intervention does not benefit is the rich industrialist. Because as the working poor are constantly having to shift their lives in order to fit the market, the rich never have to do the same. They only do whenever there is an intervention by the people.
The effects of their buying and selling, cutting and spending, etc. make people in the lower rung of society move and back forth, finding or transfering jobs multiple times in their lifetime.
The only thing that keeps them from justifying their ideology and denouncing the state is because they presuppose their economic outlook to be a science. The "invisible hand" of the market is somehow something beyond you and I. Public intervention in the private sector would only harm the natural purity of the market.
What they do not know is that government (when not beholden to private interests) is the only thing the poor have to combat corporate corruption (like in the guilded age). It benefits them sometimes. What intervention does not benefit is the rich industrialist. Because as the working poor are constantly having to shift their lives in order to fit the market, the rich never have to do the same. They only do whenever there is an intervention by the people.