Reading Time: 4 minutes In a capitalist system, a business is judged to be successful if it is profitable. To maximize profits, producers often restrict production rather than ensure the maximum utilization of resources. The strategy of restricting production to increase profits is known as artificial scarcity. It uses the forces of the capitalist “free market.” By restricting supply, […]
free market capitalism
Posted inHealth, Politics
Political Hypocrisy: Vaccines, Capitalism & Greed, and Football
Reading Time: 5 minutes The utter rank hypocrisy of the UK Prime Minister, Boris Johnson, has been on show over the last few days. Let me walk you through it. Johnson, in a private meeting of Tory MPs, let the true Tory cat out of the bag: The prime minister’s full remarks, which first appeared in the Sun newspaper, were reported […]
Posted inHealth, Politics
Shocking: The US Military Overtly Used to Sustain Price Gouging and Profiteering.
Reading Time: 4 minutes The military has long been a way in which a government can ensure the cogs of the economy and international trade remain well oiled. I have written about this in “The Armed Forces and Their Remit, Corporations, and Morality“. This si definitely something that any government involved in the machinations of capitalism would want to […]
Posted inHealth, Politics, Science
Big Pharma, Universal Healthcare and My Experiences
Reading Time: 12 minutes Here is a bit of a magnum opus I have just written to some MS forums that should be of pretty universal interest here. I will end it with some comment specific stuff to those who have cast their naive opinions here. Although you might think this overly personal, please take the time to read it. […]
Posted inUncategorized
On Free Market Economics: Free Market Success Stories
Reading Time: 32 minutes Buckle up, this is another sizeable piece… (my series conclusion is below too, so don’t miss that). In this series looking skeptically at libertarian claims of free market capitalism being the holy grail of all of reality, I have come to the section where I cast a skeptical eye over some of the more common […]
Posted inUncategorized
On Free Market Economics: No True Capitalism
Reading Time: 13 minutes Here is my second post in my series on free market skepticism (here is my first). I will start you off with this comment: However let’s move onto your left-wing economic degenerate lies where you say You then hit out with this garbage in response to me stating that free markets have never failed; “That’s because you […]
Posted inGeneral
On Free Market Economics: History, Morality and Background
Reading Time: 20 minutes Buckle up; we’re in for a long ride over this series, for those who have not yet read it. Free market economics seems to be the cornerstone of both right-wing and libertarian political ideology, broadly espousing that the companies and corporations and consumers of the world arbitrate supply, price and, in some way it is […]
Posted inPolitics
Jesus and Trickle Down Economics
Reading Time: 2 minutes I am involved in a conversation on facebook at the moment about free market economics. The conversation includes some theists (such as Nick Peters) who espouse trickle down economics. I have written about free market economics and trickle down economics at great lengths before, but it is interesting to do so with at least some […]
Posted inEducation, Ethics and Morality, Philosophy, Politics
Dealing with replies to my free market skepticism posts
Reading Time: 20 minutes This chap (to whom the series was directed), Scotty M, has replied to some of my points in the series on Free Market Economics. Unfortunately, he would rather rabidly bash away at You Tube than bring a civil discussion here.
The most common issue that Scotty faces is his predilection for straw manning positions by either misunderstanding them or wilfully employing some kind of bait and switch or intended mischaracterisation to fight against an imaginary foe.
Posted inEthics and Morality, Philosophy, Politics
On the Skepticism of Free Market Economics (part 3): free market success stories
Reading Time: 32 minutes Buckle up, this is another sizeable piece…
In this series looking skeptically at libertarian claims of free market capitalism being the holy grail of all of reality, I have come to the section where I cast a skeptical eye over some of the more common claims of libertarians. The claim appears to be that free market economics is responsible for the success of certain countries. I would like to set out here that, whilst this is true to some extent, it is not so obviously the case. Remember from previous posts, I am not advocating some kind of communist collectivism.