Free Market Fundamentalist Ideology is based on a Logical Fallacy.

Discussion in 'Economics & Trade' started by Kyklos, Jul 8, 2018.

  1. Longshot

    Longshot Well-Known Member

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    Can you explain how it's rent seeking?
     
  2. james M

    james M Banned

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    to a libcommie rent seeking is when corporations compete to provide their customers the best possible price and quality
     
  3. Reiver

    Reiver Well-Known Member

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    Basic economics continues to be beyond you. 'Race to the bottom is essentially just an adaptation of market power analysis (which creates rent, by definition. The neoclassical, mind you, like flowery language such as abnormal profit). Thus, we are referring to how workers aren't paid according to productivity criteria. Monopsonistic power is essentially accentuated. This creates inefficient profit (inefficient as it's more than just a redistribution from employee to employer. There is also a deadweight loss due to allocatice inefficiencies)
     
  4. james M

    james M Banned

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    well, free market wages are making the Chinese rich while libcommie wages starved 60 million to death. Can you tell us whi
    ch is better?
     
    Last edited: Aug 3, 2018
  5. Reiver

    Reiver Well-Known Member

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    Wow, you think a human rights abusing state is 'free market'?
     
    Last edited: Aug 3, 2018
  6. james M

    james M Banned

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    actually its lot freer than when the libcommies controlled the market and 60 million very slowly starved to death waiting or Ph.D libcommies to adjust the markets properly.
     
  7. Reiver

    Reiver Well-Known Member

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    To what extent do you think your 'free market economics' allows human rights abuse?
     
  8. james M

    james M Banned

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    I would not say providing food to eat after there was none is a human rights abuse. Do you understand?
     
  9. Reiver

    Reiver Well-Known Member

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    So you don't think China is a human rights abuser? You've celebrated them and you've hid from my question.

    You're great herd for free market economics. It naturally celebrates human rights abuse.
     
  10. james M

    james M Banned

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    not when it comes to enriching their people who have enjoyed 8% growth for 40 years
     
  11. james M

    james M Banned

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    care to put that in better English?
     
  12. Reiver

    Reiver Well-Known Member

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    China continues to abuse human rights, you continue to ignore it. So ree market economics doesn't actually care about rights?
     
  13. Reiver

    Reiver Well-Known Member

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    Nope. You're herd for free market economics. You naturally celebrate human rights abuse.
     
    Last edited: Aug 3, 2018
  14. james M

    james M Banned

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    no idea how supporting freedom and capitalism naturally means celebrating human rights abuses? Please think before you post.
     
  15. james M

    james M Banned

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    Only when talking about economics. You need to conflate them to deflect from China's 8% growth for 40 years under capitalism.
     
  16. Reiver

    Reiver Well-Known Member

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    So human rights abuse doesn't matter when referring to economics? Is that accepted opinion among conservatives?
     
  17. Longshot

    Longshot Well-Known Member

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    You think the freedom to buy and sell celebrates humans rights abuse? How strange.
     
  18. Reiver

    Reiver Well-Known Member

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    I'm not the one celebrating China's dictatorship. Keep up!
     
  19. Longshot

    Longshot Well-Known Member

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    Right. Being free to buy and sell has nothing to do with human rights abuse.
     
  20. Reiver

    Reiver Well-Known Member

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    Are you another pro-China libertarian? There seems a glut of them!
     
    Last edited: Aug 4, 2018
  21. Longshot

    Longshot Well-Known Member

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    No, I'm not. Being free to buy and sell has nothing to do with human rights abuse.
     
  22. Reiver

    Reiver Well-Known Member

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    You continue to make no sense. The other fellow celebrates the human rights abusing China. That he supports such a regime is a neat example of the fake libertarian.
     
  23. Longshot

    Longshot Well-Known Member

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    I don't care what other people celebrate. The freedom to buy and sell freely has nothing to do with human rights abuse. You said it did, and you're wrong.
     
  24. Reiver

    Reiver Well-Known Member

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    You're wasting my time. Bye
     
  25. james M

    james M Banned

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    libcommieism is the most significant human rights abuse since it resulted in the slaughter of 120 million. Do you understand?
     
    Last edited: Aug 4, 2018

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