Business people want free markets when entering a market, but want barriers raised after they are up and running.
The world has far more corpses to bury from from the envy of socialism than it has from the greed of capitalism.
Free marketers are not imposing their will, it’s a systematic change for people to impose their own will.
Government typically operates outside the market mechanism and is usually a monopoly supplier of its 'goods'. This has implications for GDP.
"The distinguished economist Lord (Lionel) Robbins once referred to the market as a “perpetual referendum” in which everyone votes, pound by pound, between countless goods and services produced by unnumbered suppliers around the world, competing in quality and price to satisfy customers. This quest to capture votes and obtain profit leads to improved products, cost-cutting innovation and enhanced productivity and wealth."
Pay to pray, or free-market capitalism meets the synagogue.
On Saturday, Jews around the world celebrated Yom Kippur, the holiest day of the year. There was a time when synagogues opened their doors to non-members on the High Holy Days. Donations were encouraged. Now it's become commonplace to "pay to pray." "I was once of the opinion it should be free for everybody, before I realized that if it’s free for everybody, then some people are underwriting everyone else," Amichai Lau-Lavie, the spiritual leader of Lab/Shul, tells the New York Times, describing what economists call the "free rider" problem. Spoken like a true capitalist.
"You could be forgiven for thinking that the energy providers are part of some mythical 'free market' intent on fleecing the public and leaving old ladies to die in the street this winter. The sad truth is no such market exists - a free market is by definition one whose only oversight an regulatory body is the customer base able to vote with its feet and wallet."
"The big energy company's only seem to work as a cartel because the majority of the public does not change supplier, Rather than demanding the abolition of a free market, ask yourself if you have compare energy prices in the past 6 months. If not, its you who are more likely the cause of profiteering."