ForumsWEPRWhat are your thoughts on Markets?

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Kevin4762
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Kevin4762
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My personal belief is that the free market is the single best system of allocating resources efficiently. I advocate that Capitalism which, to me, have resulted in the best quality of life for everyone.

The fundamental problem I have with people who say that under Capitalism is a dog-eat-dog world, is that it simply isn't true. Not only is this scientifically inaccurate, but misleading. Under Capitalism, everything is voluntary. Voluntary exchange occurs for individual needs. The famous Adam Smith said that the pursuit of one's own self interest will promote the interest of the society. There are many examples of this occurring throughout history (too many to name).

Regardless of Capitalism, what are your thoughts on markets in general? Market socialism, artificial markets, regulated, etc. Maybe someone here even prefers an anti-capitalist free market.

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