bile-acids 发表于 2025-3-21 17:33:44
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Introduction,moted. The myths depict an imaginary free market utopia predestined by nature, based on scientific principles and imbued with rationality, self-interest and justice. The myths, rich in uplifting jargon such as freedom, choice and individualism, are used to justify the system’s unfairness. They serveSpongy-Bone 发表于 2025-3-22 02:36:44
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Myth 2: A Great Wall Separates Politics and the Economyeedom is complemented with economic freedom..Reality: Economic outcomes rarely are left to the vagaries of markets. Markets rule only when it is advantageous to those with economic and political power. The present market system is not a natural phenomenon that evolved by chance without regard to itsGROSS 发表于 2025-3-22 10:40:51
Myth 3: The Less Government, the Better nor the incentives to make efficient decisions. Government’s regulations are created to protect the weak and incompetent and stand in the way of innovation and technological progress. America is better off with less government..Reality: The Great Depression shattered the idea of the economy as a se黄油没有 发表于 2025-3-22 13:52:03
Myth 4: Deregulation Always Improves the Economyave to deal with the uncompromising realities of the market – the true test of efficiency. Deregulation represents a move toward free markets. It spurs the economy and raises productivity and eventually living standards..Reality: Deregulation does not necessarily improve the economy. Often the motivornithology 发表于 2025-3-22 20:31:19
Myth 5: The Economy Has Superior Efficiencyms are subject to the discipline of the market. The economy is marked by dynamism, openness to technological and organizational change induced by the pro-market changes of recent decades..Reality: The American economy is characterized by giant corporations. Economic studies fail to find evidence ofCubicle 发表于 2025-3-23 01:14:13
Myth 6: Exceptional Living Standardsuse the poor spend substantially more than they earn through government support programs. Many Americans go into debt to finance consumption but they do so because it enhances their well-being..Reality: The image of Americans enjoying unique living standards is outdated. In recent decades, standardsopprobrious 发表于 2025-3-23 03:19:07
Myth 7: An Egalitarian Nationment handouts. There is nothing wrong with inequality of outcomes; in market economies it motivates people. A guarantee of equal outcome is not going to inspire people to prodigious efforts. The current obsession with income equality is based on envy..Reality: Contrary to the prevailing image, curre贪婪性 发表于 2025-3-23 06:50:14
Myth 8: Free Markets Protect Democracyens of millions of consumers voting daily in the marketplace. To protect democracy (and free markets) we should weaken government, cut its spending power and its ability to reward donors then corporations will not seek to influence it..Reality: Large corporations through lobbying and donations have