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That the current economic situation proves that "free markets" (and therefore libertarianism) have been proven not to work!
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Somewhat related, this paper Origins of the Myth of Social Darwinism is a pretty good read. How do they respond to your normal response? How do they justify hurting some people to help some other people? Turn the tables, make them go on the defensive and provide a rational and logical explanation for forced charity. Or, you could punch them in the face
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I nominate this for "Most Hilarious Thread of the Month". I know its only the 2nd, but this one will be hard to beat. Poor downtrodden Chinese dwarfs forced to live in little mushroom houses and dance and sing for their evil capitalist masters!!!!
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I live in Portland, white guilt is alive and well up here, thats for sure.
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FTA: Humans have all the tools needed to ease pressure on resources by taking advantage of technological advances, Leape said. The two-thirds of the U.S. footprint that comes from oil, gas and coal usage can be cut with available equipment, he said. And thats exactly what will happen, as natural energy resources become more scarce and "alternative
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Politicians have been obsessed with the idea that home ownership was the American Dream, and it sure didn't hurt your re-election chances by touting how you "helped" millions of Americans achieve this dream. They continually pushed Freddie/Fannie to lower the standards and pump out more mortgages. The Fed obliged with cheap credit. The
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Its not just "people" that invest in oil, its been show that there are a lot of pension funds for teachers, policemen, firefighters, etc that have invested in "Big Oil". So if you are against a bailout for the oil industry you are against teachers, and if you are against teacher you are against children, you don't hate children
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[quote user="fezwhatley"] Well if this is the biggest failure the free market leads to..then the free market aint so bad. my life is still uneffected, more or less meh [/quote] Dont speak too soon, the worst is yet to come I think.
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[quote user="Byzantine"] [quote user="Niccolò"]just that he was a good economist with an actual ability to analyze economics - as opposed to just going on the same soap box for political economy.[/quote] LOL! That's ALL Krugman does. Writes a column in the NYT every week. Same Keynesian crap, over and over. [/quote] And
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argumentum ad populum Unfortunately since the vast majority hold the belief that government involvement/regulation of the market is absolutely necessary and good, they feel these views need no explanation and accept them without question. Challenging the status quo is always an uphill battle.