At 17:31 09/04/2011 -0700, Harry wrote:
Of course, the market is anything but free. In areas of the economy which have a little more freedom, Americans enjoy better prices than anywhere else. In many, perhaps most areas of production and services, state interference leads to higher costs, as the market is restricted by mammoth privilege legislation.But then the alternative to the market is State control and the State usually does a terrible job. As the Economist said last week in its article Taming Leviathan:The state almost everywhere is big, inefficient and broke.Yes, a good alternative to the free market -- perhaps those who advocate it, deserve it.Harry
And the worst case is that of the monopolization of money by the State. Instead of hard work, innovation of consumer goods, and innovation of production efficiency being the origin of money and the growth of it, the State has taken over its production according to how much it wants to grow and how much it wants to devalue the currency in order to pay its debts.
The origin of permanent state currency was in the first few weeks of WWI. We probably won't see its centenary in 2014 because country after country has now reached the point of no return when it can't afford even the interest on its debt -- Greece, Ireland and Portugal for example. A dozen other 'advanced' countries are now approaching the same brink, including our mutual friends, the UK and the US.
Keith
From: [email protected] [mailto:[email protected]] On Behalf Of michael gursteinSent: Thursday, April 07, 2011 1:48 PM To: 'RE-DESIGNING WORK, INCOME DISTRIBUTION, EDUCATION'Subject: [Futurework] FW: Sharp Drop in American Enthusiasm for Free Market, Poll Shows-----Original Message-----From: [email protected] [mailto:[email protected]] On Behalf Of Sid ShniadSent: Thursday, April 07, 2011 2:16 PM To: undisclosed-recipients: Subject: Sharp Drop in American Enthusiasm for Free Market, Poll Shows <http://www.worldpublicopinion.org/pipa/articles/btglobalizationtradera/684.php>http://www.worldpublicopinion.org/pipa/articles/btglobalizationtradera/684.phpWorld Public Opinion.org April 6, 2011Sharp Drop in American Enthusiasm for Free Market, Poll ShowsAmerican public support for the free market economy has dropped sharply in the past year, and is now lower than in China, according to a GlobeScan poll released today.The findings, drawn from 12,884 interviews across 25 countries, show that there has been a sharp fall in the number of Americans who think that the free market economy is the best economic system for the future.When GlobeScan began tracking views in 2002, four in five Americans (80%) saw the free market as the best economic system for the future--the highest level of support among tracking countries. Support started to fall away in the following years and recovered slightly after the financial crisis in 2007/8, but has plummeted since 2009, falling 15 points in a year so that fewer than three in five (59%) now see free market capitalism as the best system for the future.GlobeScan Chairman Doug Miller commented: "America is the last place we would have expected to see such a sharp drop in trust in the free enterprise system. This is not good news for business."The results mean that a number of the world's major emerging economies have now matched or overtaken the USA in their enthusiasm for the free market. The Chinese and Brazilians, 67 percent of whom regard the free market system as the best on offer, are now more positive about capitalism than Americans, while enthusiasm in India now equals that in the USA, with 59 percent rating the free market as the best system for the future.Among the 20 countries polled in both 2009 and 2010, an average of 54 percent today rate the free market economy as the best economic system, unchanged from 2009.25723e.jpgAmericans with incomes below $20,000 were particularly likely to have lost faith in the free market over the past year, with their support dropping from 76 percent to 44 percent between 2009 and 2010. American women have also become much less positive, with 52 percent backing the free market in 2010, down from 73 percent in 2009.The poll was conducted by telephone in China and the US, and by telephone, in-person, or online in the 23 other countries between June 24 and September 18, 2010 by the international polling firm GlobeScan and its national partners. Before today's public release, only clients of GlobeScan's "Radar" reports have had access to these results. National results are considered accurate within +/- 3.0 to +/- 4.9 percent, 19 times out of 20.GlobeScan Chairman Doug Miller added: "The poll suggest that American business is close to losing its social contract with average American families that has enabled it to prosper in the world. Inspired leadership will be needed to reverse this trend."Fieldwork was conducted in Argentina, Australia, Brazil, Canada, Chile, China, Colombia, Ecuador, Egypt, France, Germany, Ghana, India, Indonesia, Italy, Japan, Kenya, Mexico, Nigeria, Pakistan, Peru, the Philippines, Russia, Spain, Turkey, the United Kingdom, and the USA. Interviews were conducted via face-to-face, by telephone, or online (Japan only) between June 24 and September 18, 2010. Polling was conducted by GlobeScan and its research partners in each country. Some urban-only surveying was conducted in certain developing countries, following generally accepted research standards in each country. The margin of error per country ranges from +/-3.0 to 4.9 percent, 19 times out of 20.For more information about GlobeScan see <http://www.globescan.com/>www.GlobeScan.com2572ea.jpg QuestionnairePlease tell me if you strongly agree, somewhat agree, somewhat disagree, or strongly disagree with each of the following statements?READ AND ROTATE STATEMENTS. CODE ONE EACH.2bt) The free market system and free market economy is the best system on which to base the future of the world01 -- Strongly agree 02 -- Somewhat agree 03 -- Somewhat disagree 04 -- Strongly disagree VOLUNTEERED (DO NOT READ) 05 -- Depends / neither agree nor disagree 99 -- DK/NA !DSPAM:2676,4d9dff80308681602639591! _______________________________________________ Futurework mailing list [email protected] https://lists.uwaterloo.ca/mailman/listinfo/futurework
Keith Hudson, Saltford, England http://allisstatus.wordpress.com/2011/04/
<<inline: 25723e.jpg>>
<<inline: 2572ea.jpg>>
_______________________________________________ Futurework mailing list [email protected] https://lists.uwaterloo.ca/mailman/listinfo/futurework
