[chris] > At the time when the USA was founded, there were tons of wild theories > about economy and government flourishing.
But in the marketplace of free ideas, Adam Smith's survived the other 1999 pounds of theories. [chris] > the Guys that had been sitting in cafes in Paris discussing how they could > create the perfect society of only they got the chance - they got the chance > and they tried their ideas. With the help of the guillotine. [chris] > Mr Smith's economic ideas are praised by so-called liberals all over > the world as the perfect ideas for a free market. Though some may say they are prefect, most just recognize that they constitute strong argument for a free market. [chris] > Because the British Empire realized that they were superior in > production they soon started propagating for "free trade" - because > it was a cheaper way of knocking out other countries production > than destroying them with military force. Simple. 'Simplistic' is a better description. Many agree with Smith for moral reasons not just because of power. [chris] > some of Smiths theories were tested, but after a while it was realized > that there were some huge gaps in it - namely the humanitarian side to it. I think it is better to look at it this way: The free market allocates profits in proportion that they are earned. The humanitarian use of those profits is not part of the free market. That is up to the profiteer. Craig Moq_Discuss mailing list Listinfo, Unsubscribing etc. http://lists.moqtalk.org/listinfo.cgi/moq_discuss-moqtalk.org Archives: http://lists.moqtalk.org/pipermail/moq_discuss-moqtalk.org/ http://moq.org.uk/pipermail/moq_discuss_archive/
