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The extent of the free market economy

Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
Surely the state's role in the maintenance of market share should be lessened. Let the free market regulate itself (according to the principles of supply and demand).

For example, if Tesco possessed 35% of the supermarket 'market', should the government intervene? No, it would be wrong to so do.

Comments

  • Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    1. What's your point?
    2. The government would, via its' quango, the Monopolies and Mergers Commission, intervene.
    3. Why is there only *one* Monopolies Commission?
  • Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Why should there be more than 'one' Monopolies Commission?
  • Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Originally posted by onenatcons
    Why should there be more than 'one' Monopolies Commission?

    LMAO.

    Do you not see the irony?

    Ye gods....
  • Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    marvin the paranoid android.....one on the con....are you man or machine ?
  • Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Originally posted by DJP


    LMAO.

    Do you not see the irony?

    Ye gods....

    Gee, even I got that one... :D
  • Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Originally posted by DJP


    LMAO.

    Do you not see the irony?

    Ye gods....


    Whatever...:rolleyes:
  • Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Re: The extent of the free market economy
    Originally posted by onenatcons
    Surely the state's role in the maintenance of market share should be lessened. Let the free market regulate itself (according to the principles of supply and demand).

    For example, if Tesco possessed 35% of the supermarket 'market', should the government intervene? No, it would be wrong to so do.
    No all the means of production, distribution and exchange should be nationalised and placed under the democratic control of the workers so that all the wealth created goes to everyone and not just the tiny few who own everything!

    People should understand that all the wealth of the world comes from the labour power of the working class and nowhere else! It is the worlds workers who produce all the wealth but that wealth is taken from them in the form of rent, interest and profit by the capitalists! Why shoud a few elite capitalists own the majority of the worlds wealth!!!:mad: :mad: :mad:

    http://www.socialistparty.org.uk
  • Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Re: The extent of the free market economy
    Originally posted by onenatcons
    Surely the state's role in the maintenance of market share should be lessened. Let the free market regulate itself (according to the principles of supply and demand).

    For example, if Tesco possessed 35% of the supermarket 'market', should the government intervene? No, it would be wrong to so do.

    Let's put this simply for you, see if you understand.

    If a company had too large a market share, they control prices. They control the distribution of the goods they sell, so other companies cannot penetrate the market. Too much control by one company restricts the market, rather than freeing it and this is not in the consumer's interests.

    You just need to look at the prices farmers are paid for their goods to see that the four supermarkets chains already have too great a hold...
  • Former MemberFormer Member Posts: 1,876,323 The Mix Honorary Guru
    Re: Re: The extent of the free market economy
    Originally posted by stee1gate
    No all the means of production, distribution and exchange should be nationalised and placed under the democratic control of the workers so that all the wealth created goes to everyone and not just the tiny few who own everything!

    And after the world's economy has collapsed, we can all live a pitiful and meagre existence just like Steelgate.
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