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Old 06-03-2005, 03:34 PM   #8
Tyrone Slothrop
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Join Date: May 2004
Posts: 33,080
Breaking economic principles down to a level so basic that they are meaningless.

Quote:
Originally posted by Spanky
So if you point out a few non free market aspects of these countries that blows my whole theory.
If you're arguing that free markets tend to outperform socialist or communist economies over time, I don't think anyone here -- with the possible exception of chickmagnet -- is going to disagree with you.

The interesting thing to me about one of the responses to you this morning was the suggestion that growth in Chile benefited some more than others -- there were winners, but also many losers (to say nothing of the tortured, etc.). If you're only going to assess the performance of an economy by the net output, you're going to miss a whole bunch of aspects of life that many people care about. In democracies, they get to vote.

Although those votes don't matter if we're going to support the violent overthrow of legitimate government to install juntas which will impose free markets.
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