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| Re: Why Socialism Doesn't Work In America (not that it can't) (778615) | |||
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Re: Why Socialism Doesn't Work In America (not that it can't) |
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Posted by JayMan on Thu May 12 12:44:00 2011, in response to Re: Why Socialism Doesn't Work In America (not that it can't), posted by orange blossom special on Thu May 12 12:31:40 2011. So the basic gist of what you're saying is that government subsidy (in the form of financial aid in the case of higher ed) artificially inflates the price, and that a laissez-faire market would bring the prices down and wages up to a livable level.However, there is plenty of evidence that this is false. For one, no economic system in the world thrives on a laissez-faire market. Second, eairler at the turn of the 20th century when the economy was more laissez-faire, life was miserable for the vast majority of people. The free market is useful, up to a point. Unfettered markets cannot solve every problem, which is no government in the world has them (that isn't otherwise a failed state). |
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