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#325148 - 05/04/20 01:16 AM Re: Is there a free market solution for the pandemic and economic collapse? [Re: logtroll]
logtroll Offline
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Registered: 04/26/10
Posts: 10574
Loc: One of the Mexicos
Word is, a lot of hospitals are on the verge of bankruptcy. What is the free market Capitalist solution?
_________________________
“You never change things by fighting the existing reality.
To change something, build a new model that makes the old model obsolete.”
– R. Buckminster Fuller

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#325174 - 05/04/20 03:03 PM Re: Is there a free market solution for the pandemic and economic collapse? [Re: logtroll]
Jeffery J. Haas Offline
It's the Despair Quotient!
Carpal Tunnel

Registered: 08/03/04
Posts: 15728
Loc: Whittier, California
Originally Posted By: logtroll
Word is, a lot of hospitals are on the verge of bankruptcy. What is the free market Capitalist solution?


How is that possible when (A) Jared Kushner is buying up as many as he can left and right, and (B) aren't they all eligible to get some of the $500 Bn packages being handed out left and right...oh wait, mostly "right" (sorry, forgot...businesses in blue states don't get diddly if Trump gets his way)

Oh wait, you were asking about FREE MARKET SOLUTIONS.
I guess Option A IS the free market solution.
Jared Kushner, who by picking the right vagina owner, is in line to scoop up the spoils of the crashed economy caused by his father in law, and is indeed vacuuming up all the distressed assets at fire sale prices.

Ergo, President Jared Kushner (the de facto president) IS the free market solution!
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#325176 - 05/04/20 04:45 PM Re: Is there a free market solution for the pandemic and economic collapse? [Re: logtroll]
Irked Offline
enthusiast

Registered: 12/14/05
Posts: 3621
Loc: Somewhere out in left field
Here’s are some simple market issues that have failed to be solved by the free market of “the greatest economy ever”.

The demand for these items is extremely high, yet the market has proven incapable of satisfying the demand:

1) Masks
2) Gloves
3) Bleach
4) Rubbing alcohol
5) Disinfecting wipes
6) Flour (Flour! For god’s sake!)

If the Free Market was efficient these items would be readily available.

Is any other evidence required to show the utter failure of the Free Market to deal with any sort of emergency? (Though examples are myriad from health care delivery to transportation and R&D)
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#325177 - 05/04/20 05:57 PM Re: Is there a free market solution for the pandemic and economic collapse? [Re: Irked]
pdx rick Offline
Member
CHB-OG

Registered: 05/09/05
Posts: 43762
Loc: Puget Sound, WA
Originally Posted By: Irked
Here’s are some simple market issues that have failed to be solved by the free market of “the greatest economy ever”.

The demand for these items is extremely high, yet the market has proven incapable of satisfying the demand:

1) Masks
2) Gloves
3) Bleach
4) Rubbing alcohol
5) Disinfecting wipes
6) Flour (Flour! For god’s sake!)

If the Free Market was efficient these items would be readily available.

Is any other evidence required to show the utter failure of the Free Market to deal with any sort of emergency? (Though examples are myriad from health care delivery to transportation and R&D.

Great post Irked. smile

Capitalists are loathed to admit that Capitalism has failed America for the past six weeks. If it were not for the the $1,200 stimulus checks and Paycheck Protection Program's socialism, we Americans would be really hard-pressed these days. Hmm
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#325180 - 05/04/20 07:10 PM Re: Is there a free market solution for the pandemic and economic collapse? [Re: Jeffery J. Haas]
jgw Offline
enthusiast

Registered: 05/22/06
Posts: 3875
Loc: Port Angeles, WA
Jarid is his father's son and, eventually, his greed will get a little visit in prison, not unlike his father.

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#325198 - 05/05/20 12:48 AM Re: Is there a free market solution for the pandemic and economic collapse? [Re: logtroll]
pondering_it_all Offline
veteran

Registered: 02/27/06
Posts: 10773
Loc: North San Diego County
Great to hear from you again, Irked! I was afraid we lost you.

The optimal economic model lately has been "just in time" which delivers the greatest profit as long as everything on the supply chain works perfectly. I knew we were in trouble when Trump started screwing with NAFTA.

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#325233 - 05/06/20 02:15 AM Re: Is there a free market solution for the pandemic and economic collapse? [Re: logtroll]
Irked Offline
enthusiast

Registered: 12/14/05
Posts: 3621
Loc: Somewhere out in left field
Thank you, PIA!

Yes, just in time supply chains are a big part of the problem, but you’d think with such an opportunity for profit, the glorious Free Market would step in and work its miracle.
_________________________
How eager they are to be slaves - Tiberius Caesar

Coulda tripped out easy, but I've changed my ways - Donovan

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#325415 - 05/09/20 02:21 AM Re: Is there a free market solution for the pandemic and economic collapse? [Re: Irked]
Greger Offline


Carpal Tunnel

Registered: 11/24/06
Posts: 17602
Loc: Florida
My ex is raking in the money selling masks and sanitizer, She just sold 15000 hand sanitizers to the Palm Beach County supervisor of elections and 2500 to Lake County. We're all hunkered down with nothing to do and she's camping in her office pushing out orders. She has something like 28 orders from the local mental health infrastructure.

I've a friend down in Miami who has been bottling and selling her own hand sanitizer.

Entrepreneurs are finding solutions where big business moves to slowly to take advantage of a rapidly changing market. Government can generally react more quickly but if it's not about Donald Trump then government isn't interested.
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Good coffee, good weed, and time on my hands...

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#325731 - 05/16/20 12:05 AM Re: Is there a free market solution for the pandemic and economic collapse? [Re: logtroll]
logtroll Offline
veteran

Registered: 04/26/10
Posts: 10574
Loc: One of the Mexicos
Is a debt based economy actually free-market Capitalism?

I'm guessing no, since debt represents some hoped for future value, not capital.
_________________________
“You never change things by fighting the existing reality.
To change something, build a new model that makes the old model obsolete.”
– R. Buckminster Fuller

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#325732 - 05/16/20 12:21 AM Re: Is there a free market solution for the pandemic and economic collapse? [Re: logtroll]
pdx rick Offline
Member
CHB-OG

Registered: 05/09/05
Posts: 43762
Loc: Puget Sound, WA


Debt works for Fatass Trump. The guy is extremely leveraged. Hmm
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