(it's also inherently reliant on not understanding evolution of course. I think we should teach evolution in non-biological systems, calling it something other than "evolution", in schools, so people can have the background to understand what a joke free-market economics is on a macro scale while keeping it under the radar of evangelicals)
D
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"The free market will sort it out" the free market sorted out child labour by saying yes please and we had to pass a law. -
"The free market will sort it out" the free market sorted out child labour by saying yes please and we had to pass a law.@Daojoan Free market economics as a concept is inherently an evolution-worshipping theory. The idea that the market simply naturally grows into the best shape as long as we don't ever interfere in it is essentially saying we trust the processes of evolution to always produce "best". When TARP was in the news I saw explicit references to evolutionary processes – namely, that bailouts would support weak businesses that "should" be culled out by natural selection (not that I agree with TARP per se)