This is a split board - You can return to the Split List for other boards.

Is the free market a deity in some social circles? What does it look like?

#1ConpiracyCarrotPosted 6/24/2011 8:19:13 PM
What does the free market phsyically look like?

Does it change form depending on the needs and wants of the person looking at it?
#2DiranosaurPosted 6/25/2011 1:14:08 AM(edited)
It's often talked about as the "invisible hand", so I guess it basically looks like a hand that doesn't look like.

But yes, it is a deity in many countries all over the world, and it is worshipped daily through consumption and preaching the gospel of the free market. The most common prayer is: "I believe in Capitalism, as it's much more rad than both Communism and Corporatism. In your name, exploit the poor and feed the rich. Dollar."
Band (folk music) -
Solo (mandolin) -
#3RetrotasticPosted 6/25/2011 2:50:44 AM
It looks like this.
#4black spiderPosted 6/27/2011 10:00:13 AM
The free market is not a deity, merely a self-correcting mechanism that people have various degrees of faith in. Commies, radical lefties, socialists, and pinko bastards tend not to have any faith at all, thinking it's just some scheme for the rich to grow richer at the poor man's expense. Libertarians and right wing anarchists tend to have almost complete faith in the self-correcting abilities of the free market, causing them to think it can solve any and all problems if you let it.

Ultimately, the "free market" is simply a distribution scheme comparable to "jungle law" or "planned economy", but one which has the added quality of constantly updating itself to reflect the current situation. Anyone who lived through communism will tell you that "planned economy" does not have that attribute.

Personally, I'm a capitalist who believes in a moderately to strongly regulated free market. The market will update itself but it happens fairly often that we won't like the way it does this. Consequently, we have to constantly guide it to avoid ethically problematic situations.