[MD] Metaphysical issues: DQ
Woods Woods
woodswoods8 at yahoo.com
Fri Oct 10 14:15:46 PDT 2008
Platt:
Where is the free market? In the U.S., South Korea, Hong Kong (before the
communist takeover), and other capitalist countries compared to European
socialist countries, as described in Lila:
"The Metaphysics of Quality says the free market makes everybody richer-by
preventing static economic patterns from setting in and stagnating economic
growth. That is the reason the major capitalist economies of the world have
done so much better since World War II than the major socialist economies."
(Lila, 17)
As used in Lila and most everywhere else, the free market is a relative
term, comparing a economic system of central planning to one of individual
free choice. That's OK for abstract comparative purposes. But as you know,
two planks of the Communist Manifesto were adopted in the U.S. in 1913 with
the passage of the graduated income tax and the creation of the Federal
Reserve. Since then it's been a slow but steady degeneration in the U.S. to
full socialism.
woods:
Thank G-d. I really was about to think something very dark and misconceiving had
entered this forum. You see, if the "two planks of the Communist Manifesto were adopted
in the U.S. in 1913", then as I said we don't have a free market. It's somewhere underneath
these "two planks", but these "two planks" have a controlling power that is ever the more
growing. So, no free market in the U.S. anywhere. Along with the rest of the global market due
to BIS, which is the central place of operation in Switzerland of all central banks around the globe.
The Federal Reserve is just one hub of this BIS. That's how the global interest rate was cut
simultaneously the other day. I would say the capitalist economies have gone astray from
the free market, noted for one by your "two planks".
woods
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