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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]
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veteran
Registered: 04/26/10
Posts: 10574
Loc: One of the Mexicos
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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]
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It's the Despair Quotient!
Carpal Tunnel
Registered: 08/03/04
Posts: 15728
Loc: Whittier, California
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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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"The Best of the Leon Russell Festivals" DVD deepfreezefilms.com
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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]
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enthusiast
Registered: 12/14/05
Posts: 3621
Loc: Somewhere out in left field
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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)
_________________________
How eager they are to be slaves - Tiberius Caesar
Coulda tripped out easy, but I've changed my ways - Donovan
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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]
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Member
CHB-OG
Registered: 05/09/05
Posts: 43762
Loc: Puget Sound, WA
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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.  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. 
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Contrarian, extraordinaire
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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]
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enthusiast
Registered: 05/22/06
Posts: 3875
Loc: Port Angeles, WA
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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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#325233 - 05/06/20 02:15 AM
Re: Is there a free market solution for the pandemic and economic collapse?
[Re: logtroll]
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enthusiast
Registered: 12/14/05
Posts: 3621
Loc: Somewhere out in left field
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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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#325731 - 05/16/20 12:05 AM
Re: Is there a free market solution for the pandemic and economic collapse?
[Re: logtroll]
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veteran
Registered: 04/26/10
Posts: 10574
Loc: One of the Mexicos
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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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