The Faulty Ideal

A free market sounds attractive. I suppose an array of reality attached to the word “free” is compelling enough to deceive these days. On the other hand, an unregulated free market makes a population of skins crawl. Why? To foreshadow, a classic definition of unregulated posits a situation, idea, or system not of subject to rule or discipline. If paired in context to an ideal free market, which by definition is the market economy free of government regulation and intervention, the title is redundant, and potential dangers rush to the mind. How will people be protected of fraud? There’s a minor regulation for that now. Ok, and as market failure occurs, who will remediate that? I suppose the government involved in oversight of such issues couldn’t hurt, but then is that really free? The vast distribution of wealth and personal interests weave together this complex market system that is wired for failure. The failure of this ideal market currently stares into our capitalist countries face. As capitalists, the majority remained caught in their personal agenda, a frenzy of material success, of which soon deems a waste for most as the crash of the economy looms ahead.

No worries though, because in recognizing the foundational failure of an unrealistic, unregulated free market and capitalistic society, the government shows up to solve the problem. Printing unavailable money to dig the selfish country further in debt sounds like a plan to congress. So, we begin the system all over again, unsettled and unstable, but with blind faith in the power of a provably inadequate system. The recent bailout had me in a rage. As an unregulated free market, it is not of interest for the government to intervene with the failure of businesses as the market demands. This defies the idea of an unregulated free market, and is ignored because of the capitalistic financial ties linking corporate America and America’s government. The failing businesses are meant to crash at this time, allowing for the development of new business. As our economic system requires a crash, we must listen and cope, because feeding the system into an increasingly unstable situation will cause future catastrophic economic events of greater intensity.

To remove the shortsighted nature of humans from our DNA should be a scientific funded venture in the human genome project. Naturally our brains are wired to fulfill survival needs; yet we underestimate our ability to systematize our actions through analytical processes influenced by foresight of potential consequence of action. Do corporations pay the government not to implement the extraordinary evolved capability of long-term systematizing, analyzing, and planning to influence current decisions? Or, do current government officials lack this ability, and find it distasteful to implement its potential to obstruct their personal agenda?

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