"Free" market...CONservative style

[SHRED]

Socialize the cost of production.
Privatize the profits, for the benefit of the few.

[TheFarseer]

1. Can you explain socialize the cost of production?

I think I see what you are saying, but I'm trying to wrap my brain around this. A few things aren't quite adding up. Thanks!

[SHRED]

3. okay

Many products use public funding, such as drug research, in their path to commercial production. Then they turn around and soak us.
Some do not factor in social costs, like dumping fees, into the price. This is why dispoable items are so cheap. We pay for the dumping.

Just two items but think in those terms and you realize we do not have "true cost pricing".
Think in terms of production and disposal.

Hope this helps.

[TheFarseer]

5. That's a good example

Now I've got it.

[EconomicPatriot]

8. Prices

Add in that there is much less of a price effect on the demand for goods when the government pays for them. The government official involved are not spending their own money, and have unlimited borrowing ability. So they're willing to pay much more for goods and services than a private entity would pay.

And, of course, that higher price is paid by American taxpayers. And the profits from that higher price go into Corporate coffers.

[LouisianaLiberal]

4. Chomsky's "Profits over People" is the best on this subject

Socialize the risk
Privatize the profit.


In it Chomsky talks about how this is not a repub idea, but a now universal neo-liberal program for wealth building, among other goals. He gives many concrete examples. You'll enjoy it.

[Warpy]

2. Export the paychecks

Import all the bills.

Blame the public.

Makes a whole lot of sense, doesn't it?

At least we know where the crash is going to come from and exactly who is responsible for it.

[EconomicPatriot]

6. Excellent

That's exactly what the Neocons want to do. They want to "privatize" (i.e, "socialize") every government activity, while keeping profits truly private. In other words, they want to make profits off of taxpayers money. That's not a "free market." It's Corporate Socialism. Which is practically the definition of Bush policy.

[TomClash]

7. I'll add my two cents

Virtually EVERY technological innovation in the 20th and 21st centuries has been funded in some major way by a government.

The free market is far more overrated and limited than freeper magic would have you believe.