Quote:
Originally posted by Phaenx
Free market isn't really a political thing, most everyone is all for it really. No idea where you get your basis for the republic comment, I'd rather not ask.
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It's the direct result of our political system. Repressive governments, left and right, can not have open business because that would entail handing power over to those outside the established government.
An example or two: Strategic metals; during the existance of the U.S.S.R platinum production and distribution were tightly controlled to bring about maximum foreign hard currency. With the Soviets hold unknown quantities of reserve they could, and did, flood or semi-starve the market. #2. Food stuffs; the right-ist leaders of Guatemala with the urging of the United Fruit Company were not about to allow field workers to organize and decided to kill them to maintain high profit margins. Result was a civil war of over a generation in duration and little to no fruit revenue for hard currency.
Over concentrations of political power and capital do not allow open markets. For examples within the borders of the United States I suggest examining the Trusts of the late 19th century and how regulation helped induce more productivity and great access to open markets.
2Wolves