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04-27-2010, 09:45 AM
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#1 (permalink) |
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Member
Join Date: Apr 2010
Posts: 93
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Free Market Capitalism
Keeping with the strong political theme in this section, I thought I would start this thread. I am a strong supporter of free market capitalism, but over the past couple of years (especially with the whole financial crisis) I have found that there is a lot of misinformation out there about free markets. Just wondering if there are any doubters of free market capitalism here (maybe someone who even thinks the recent crisis was the result of free markets?) who wanted to discuss the matter in a civil manner.
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04-27-2010, 03:09 PM
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#2 (permalink) |
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Senior Member
Join Date: Feb 2009
Location: Byron Bay, NSW
Posts: 2,821
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Originally Posted by Hayek
you have got to be joking. You don't think the resident conspiracy theoriest we have here would ever believe that markets are free - it is all a conspiracy and that was revealed in weekend SMH as well. The market is full of paid inside informants - info wars in a different context but just as important to some money poeple. The whole market is contaminated - see what happened to Lehmann and Goldman Sachs? All crooks from go to oh (oh dear there goes my money so from oh to go as well) |
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04-27-2010, 03:11 PM
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#3 (permalink) |
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Senior Member
Join Date: Feb 2009
Location: Byron Bay, NSW
Posts: 2,821
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The markets currently decides that a surrogate mother in India for Aussie male homosexual couples going over wanting a baby fathered by one or bother of them is about $40,000 - is this fair value?
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04-27-2010, 04:25 PM
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#4 (permalink) |
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Tin Cup Champ 2004
Join Date: Jul 2007
Location: Cairns
Posts: 6,233
ICC Handle: Advantage
FICS Handle: Advantage
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Originally Posted by antichrist
For the baby or for the couple?
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. "The fox knows many things, but the hedgehog knows one big thing." ~ Isaiah Berlin ~ |
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04-27-2010, 05:13 PM
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#5 (permalink) |
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Immoderator
Join Date: Jul 2007
Location: Wollongong NSW
Posts: 2,302
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Originally Posted by antichrist
It is commodification of humans (children.) It shares the same ethics as slavery i.e. ownership of humans (children) for money. 100% immoral, with no up-side.
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The individual is hopeless without the group. The group is hopeless without its individuals. |
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04-27-2010, 08:42 PM
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#6 (permalink) |
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Moderator
Join Date: Sep 2007
Location: Getting owned by White in the Dragon and trying to recover lost positions from shock paralysis OTB
Posts: 2,044
ICC Handle: guest
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Originally Posted by Hayek
Interesting choice of names for a new poster. Are you a hydra account?
Nevertheless,I don't believe in "free market" as a concept. I am also willing to debate almost anything about capitalism. So feel free to begin a civil discussion. cheers,
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"...What I meant? Dear Mr Ian Rout (ACF news publisher) could you please put Ozchessforum in the next news letter! There is no reason to hide this forum from the Australian chess public. What they meant? Sorry, No english!- Amir Karibasic 
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04-28-2010, 12:12 AM
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#7 (permalink) |
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Volunteer
Join Date: Jul 2007
Location: Ozchess is the marginalised cyber-spot where cc-Mods choose to engage with cc-banned posters.
Posts: 3,541
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Originally Posted by Firegoat7
I can see no evidence of that.
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FReedom though Fischer-Random chess to enjoy the whole game. |
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04-30-2010, 05:54 AM
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#8 (permalink) |
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Member
Join Date: Apr 2010
Posts: 93
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Originally Posted by antichrist
What happened to Goldman Sachs and Lehman is the result of moral hazard, it is completely explainable and in fact, expected considering the free insurance government provided.
As for the conspiracy comments, I am not sure what you are getting at and I don't really know who the resident conspiracy theorist here is since I just joined.
Originally Posted by antichrist
What relevance does this have to free markets?
Originally Posted by Firegoat7
Not sure what "hydra account" means exactly, but I am a real person and this is my sole account if that helps.
Originally Posted by Firegoat7
Care to explain why?
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04-30-2010, 09:45 AM
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#9 (permalink) |
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Volunteer
Join Date: Jul 2007
Location: Ozchess is the marginalised cyber-spot where cc-Mods choose to engage with cc-banned posters.
Posts: 3,541
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Need assistance from Mod or Admin
Issue #1
There is a post by the poster named Hayek constructed in response to the post at #5 in this thread. The Hayak post is not viewable to the general posters atm. It cannot be seen by Hayek. He has PM'd me to ask if it has been moderated. Could an authorised moderator, or Admin please investigate and make public why this post is on IGNORE atm. Issue #2 I am unable to respond to Hayek's PM. Can it be explained why this is blocked? tks MOZ*
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FReedom though Fischer-Random chess to enjoy the whole game. |
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04-30-2010, 11:28 AM
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#10 (permalink) |
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Member
Join Date: Apr 2010
Posts: 93
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Oh sorry about that MOZ, I thought you were an admin
edit: also weird is that this post shows. I guess I'll try writing up another post with what I was saying. Ok, just made another post and that one doesn't show either. I got a chance to read the thank you for posting message though and now I know it is because the posts are being moderated. Why only some are and not all, I have no idea. Last edited by Hayek : 04-30-2010 at 11:43 AM |
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04-30-2010, 03:00 PM
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#11 (permalink) |
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Tin Cup Champ 2004
Join Date: Jul 2007
Location: Cairns
Posts: 6,233
ICC Handle: Advantage
FICS Handle: Advantage
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Originally Posted by Iconoclast
The child will not grow up in poverty. That's an upside. Its still immoral, admittedly, but there is an upside.
Originally Posted by MOZ
It was caught by the spam filter because he has less than ten posts, and 'homo' along with related words that start with those 4 letters, is a spam key word. So when he quoted AC, the filter did its job and mod queued his post.
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. "The fox knows many things, but the hedgehog knows one big thing." ~ Isaiah Berlin ~ |
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04-30-2010, 04:27 PM
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#12 (permalink) |
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Volunteer
Join Date: Jul 2007
Location: Ozchess is the marginalised cyber-spot where cc-Mods choose to engage with cc-banned posters.
Posts: 3,541
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Originally Posted by Hayek
Originally Posted by Just2Good
Originally Posted by Just2Good
Thanks J2G.
I knew a real Admin would know the answer.  
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FReedom though Fischer-Random chess to enjoy the whole game. |
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04-30-2010, 04:51 PM
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#13 (permalink) |
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Tin Cup Champ 2004
Join Date: Jul 2007
Location: Cairns
Posts: 6,233
ICC Handle: Advantage
FICS Handle: Advantage
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Originally Posted by MOZ
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. "The fox knows many things, but the hedgehog knows one big thing." ~ Isaiah Berlin ~ |
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06-11-2010, 04:29 AM
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#15 (permalink) |
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Moderator
Join Date: Sep 2007
Location: Getting owned by White in the Dragon and trying to recover lost positions from shock paralysis OTB
Posts: 2,044
ICC Handle: guest
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Originally Posted by Hayek
IMO The term "free market" is an oxymoron.
In my life experience , I have NEVER been able to purchase goods at a market for free. On the rare occasion where I have been a the seller in the marketplace, I have always insisted on being compensated with money. I have heard on good authority that printing your own money for free is an illegal act, punishable with a prison sentence.  cheers,
__________________
"...What I meant? Dear Mr Ian Rout (ACF news publisher) could you please put Ozchessforum in the next news letter! There is no reason to hide this forum from the Australian chess public. What they meant? Sorry, No english!- Amir Karibasic
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