[MD] Capitalism (redux ad nauseum)
pholden at davtv.com
pholden at davtv.com
Fri Oct 20 05:47:21 PDT 2006
Quoting Stella Lindblom <scurvy_elephant at bluebottle.com>:
> I agree on the free market as being the most morally known way to handle
> goods, but I wouldn't stretch that so far as to equal free market with
> capitalism. Either way, both systems have one problem that is highly
> visible in our world today. They cannot handle long term risks. The only
> risk they may handle is short term monetary risks, if even that.
Please give examples of long term risks that the free market "cannot handle."
I know many free market companies that have been profitable for a hundred
years or more. Also, please tell us the difference between capitalism and the
free market. To raise money by issuing stocks and bonds seems a function
of a free market. But, I could be wrong.
Thanks,
Platt
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