OR is it already dead? Has big business taken over the free market and made it there own private market?
2007-10-10 10:17:36 · 7 answers · asked by Mr. Dog 4 in Politics & Government ➔ Politics
It was already dying in the times of Karl Marx.
When the monopolies rule, there is no truly free market: the monopolies always create symbiosis with the state. This symbiosis in the form of oligarchy always suppresses free market.
2007-10-10 10:21:34 · answer #1 · answered by Anonymous · 2⤊ 2⤋
It depends on where you are. The free market is pretty sick in Europe (over regulation).
It's getting weaker in the US.
It's getting stronger in the Far East and India.
The "free-est" market in the world is Hong Kong.
2007-10-10 17:22:08 · answer #2 · answered by joe s 6 · 1⤊ 0⤋
'Free' markets are not free. If you look at any of the 'free trade' deals you will see only one side gets it free. For example, our last free trade agreement with India involved them getting nuclear technology, 350,000 jobs - and we get diseased mangoes. Free trade is a communism. The third world countries get the 'free' part while the first world countries are being destroyed.
2007-10-10 17:21:43 · answer #3 · answered by Anonymous · 2⤊ 1⤋
No. The free market is always there - even in the most distorted economy, it just moves underground.
2007-10-10 17:20:03 · answer #4 · answered by B.Kevorkian 7 · 2⤊ 1⤋
no if the free market didn't work eBay would have died by now
2007-10-10 17:23:19 · answer #5 · answered by gus1023 5 · 0⤊ 1⤋
No, its growing faster than ever. MEdia is against it so they are portraying its death.
2007-10-10 17:20:06 · answer #6 · answered by Anonymous · 1⤊ 2⤋
never was free,never will be free...............barriers to entry everywhere
2007-10-10 17:26:39 · answer #7 · answered by richard t 7 · 0⤊ 0⤋