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The Free Market or Debt

Updated on September 8, 2012
Liberty and Free Markets for all.
Liberty and Free Markets for all.

What is a Free Market?

Most people these days are taught to believe that free markets are bad and causes corporations to do unethical practices. Now that people hate corporations they are looking to government to pass regulation to stop these greedy people. This is not correct though. The only corporations to be wary of should be the ones that receive benefits from government. People should be scared of government-business partnerships. Basically, Government funds these corporations with tax payer money which gives the corporation a huge benefit over his competition. When government funds companies and programs like these it eliminates competition. Not only is competition gone, prices are raised and quality goes down. There isn't an incentive for that company produce a well built product efficiently when the government is giving them free money which in return puts competitors out of business. When you eliminate the competition there isn't anything to compare that product or service to because it is the only one. This causes a problem. There is a solution.

In a free market no one should receive any benefits from government or tax payer money. Essentially, tax payer money can be described in three ways: first taxing income or products, second borrowing the money, and third printing. When people are taxed on their income, they end up losing money are not able to buy as much or live as comfortably. When the government borrows money it in return puts the country into debt. Lastly, when government decides they want to print money it decreases the value and your purchasing power is diminished. So think about the government printing money and then putting that money towards education. Sounds good right, the government prints money and pays for education. Well not really, the government just inflated the currency, and in return school costs are raised. This occurs because when money is printed it is less valuable because there are more dollars in circulation. Where ever the printed money is allocated to is where the prices raise the most. So if government subsidizes energy, healthcare, housing, or education these will be the areas costs go up the most.

If we had a true free market and got the government out of the way competition would expand and so would prosperity. When government lets education, healthcare, and energy compete and removes all the regulations restricting those areas they will evolve quicker and we will grow as a civilization. Innovations in technology come about from individuals who achieve not government just throwing money at an area. When government just puts money into something usually cost goes up and quality goes down. For example, here in San Francisco we have a train system called BART. BART is a public transportation system run by the government. Now BART takes in about $300,000,000 a year yet seems to spend $600,000,000 million a year. How is that sustainable? If this was a normal business it wouldn't last very long. It is because the government is able to steal money from the public they are able to fund a non profitable business and putting people more and more into debt.

There are so many things to think about when it comes to our current government. They can do so much more to improve things in our country. Instead they just doing the sames things that brought us into the problem. We as a country should really reconsider the direction we are going in. If you look at past empires you will see a trend with moving towards socialism. We are on that course also. Research and do what you can to change the hearts and minds of the United States citizens.


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