Prometheus85
Active Member
How does government influence the price of bananas if the market is free? You be honest.
You deliberately changed my words to make it seem like I said something I didn’t say and tell me to be honest lol
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How does government influence the price of bananas if the market is free? You be honest.
How does government influence the price of bananas if the market is free? You be honest.
This illustrates the problem in defining "free" as a total lack of regulation.
But the word isn't used that way in economics.
You deliberately changed my words to make it seem like I said something I didn’t say and tell me to be honest lol
Commerce is about trading. And the purpose of trading is to improve the well-being of the humans on both sides of the trade. If the trade only improves the well being of the humans on one side of it, it's no longer commerce, it's become exploitation.So does that mean, free market?
I didnt change ****, i asked you an honest question.
If government is influencing the price, how is it free?
Let's take a look at a hypothetical business, the Yellow Fruit Company, which grows and distributes bananas. We'll call its competitor the Curved Fruit Company. Imagine that the Yellow Fruit Company has found a way to grow bananas more quickly and efficiently but also increases the effects of pollution. To compete with the Yellow Fruit Company, the Curved Fruit Company has to use the same new process, which leads to an increase in pollution. If left to the market alone, these two companies would double the number of additional pollutants to the environment. While the new method is a more economically efficient way to grow bananas, nature and people will suffer. At this point, the government plays a role in the market economy by setting rules about environmental pollution. That way, the Yellow Fruit Company and the Curved Fruit Company both have to abide by the rules while competing on equal terms.
This should be easy for u to understand
Yeah u did.
This is what u originally said
No, in a FREE economy, government sets NO PRICES on bananas at all. Sorry pale!
The free market will deal with the polution. Semand and supply. The people will want less polution or else they wont buy the bananas, the banana producers will be indirectly forced to adapt in order to keep making sales.
You dramatically missed the point.
It's never a good idea to distill the definition of one word into another.So free means fairness?
Why change it from "free" to "fair"?Why should there be fairness if one company is stupid?
Your right to burn your gas ends at your neighbor's nose.Why should there be fair regulation on emitions? In other words, why should there be regulation on emitions in the first place?
Commerce is about trading. And the purpose of trading is to improve the well-being of the humans on both sides of the trade. If the trade only improves the well being of the humans on one side of it, it's no longer commerce, it's become exploitation.
We generally hold the idea that as long as the participants of a trade are "free" to refuse the trade, then they can protect themselves from being exploited. And that is generally true. But there are a lot of causes for one or more of the participants of a trade to be unable to refuse it. And that's when exploitation occurs.
In a modern interdependent society such as ours, we are not able to refuse a great many of the trades that we must routinely engage in, to survive. And so we are very vulnerable to exploitation. And we are, in fact, being exploited by our commercial system most of the time. It is NOT designed to serve our well being. It is designed to exploit our vulnerabilities, whenever possible, to the detriment of our well-being. And it is therefor a socially toxic system, and should not be engaged in by logical, rational humans. It is not a "free" market system because we cannot refuse to engage in it, to protect ourselves, and live.
In a truly free market would this exploitation happen do you think?
It's never a good idea to distill the definition of one word into another.
Why change it from "free" to "fair"?
Your right to burn your gas ends at your neighbor's nose.
Yes.
A market economy with no government intervention also has the potential to trample on some of the rights that you apparently take for granted or just don’t know anything about. For instance, have you ever seen the price of gas suddenly shoot up sky-high during a natural disaster? At times like these, certain businesses take advantage of an emergency situation by price gouging, or Inflating the price of a needed good to turn a profit.
Or they dont want to run out of supply too fast.
A "truly free" market is a luxury market, in which the participants can refuse the trade to protect themselves from exploitation, and still maintain their well-being. This forces the traders to seek improved well-being on BOTH sides of the exchange, to gain participation in their commerce.In a truly free market would this exploitation happen do you think?
No i didnt, i answered your point with my own.
Even Robert Nozick realized the follies of his "ultra minimal state" (he said the state should not provide for defense) in his older years.Thoughts
We have never been self sufficient. Social animals don't really evolve to be that way. Solitary animals do, but social critters evolve to benefit and flourish in their group.Once human beings abandoned self-sufficiency