Epiphany
I realized, I don't really support free markets, for the simple reason that I have no idea what free market really means. I am just a lapsed socialist.
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2 comments:
This is an easy one.
A free market exists where the only math involves two parties.
If arithmetic were governed by the laws of socialism, then 2+3 would not equal "5", but whatever the collective determined it to be for that day.
Such a mathematical system is completely inefficient for solving real problems. And such an economic system is grossly inefficient at finding solutions for the more complex ones.
Ike,
Ofcourse free market is theoretically straightforward concept, how does it play out in real world demands education on my part.
Ofcourse belonging to country which since independece has socialism inflicted upon her, I can well understand how inefficient socialism is
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