On Wed, Jun 25, 2008 at 11:01 PM, Levi Pearson <[EMAIL PROTECTED]> wrote: > So, how well does pure laissez-faire capitalism work, eh? We've had a > mixed economy for quite a long time, and it works pretty well. Of > course, you probably believe that it would work much better without > all that government intervention, but I don't think there's a lot of > evidence towards that end, just a lot of rhetoric from the likes of > Milton Friedman and his ilk. > > I think capitalist idealists are just as wonky as idealist socialists. > The theory sounds really nice, but I'm pretty sure it's not quite that > ideal when put into practice. If you have real evidence to the > contrary (has there been a functioning pure laissez-faire economy that > remained that way for long enough to make a useful data point?) I'd > like to hear it.
I'm not aware of a pure data point to examine, however, whichever society follows closest to laissez-faire prospers the most. History is pretty clear on this. Consider the following: Milton Friedman - Greed http://youtube.com/watch?v=RWsx1X8PV_A Liberals and the fall of Detroit http://youtube.com/watch?v=oNM6HHJTUMM&feature=related Tax Rates and Job Creation http://youtube.com/watch?v=pUxOk-G3VS0&feature=related Leftist Views http://youtube.com/watch?v=M8IAfkDBjr0&feature=related Friedman on Limited Government (long, 29 min) http://video.google.com/videoplay?docid=6813529239937418232 -Bryan /* PLUG: http://plug.org, #utah on irc.freenode.net Unsubscribe: http://plug.org/mailman/options/plug Don't fear the penguin. */
