"The free market will fix it"

>"The free market will fix it"
How hard will people laugh at the moron who would dare say this out loud in your cunt?

Other urls found in this thread:

en.wikipedia.org/wiki/Chinese_economic_reform#Economic_performance_since_reform
vietrade.gov.vn/en/index.php?option=com_content&id=2256:achievements-of-viet-nam-doi-moi-policy-&Itemid=287
merriam-webster.com/dictionary/socialism
thelocal.dk/20151101/danish-pm-in-us-denmark-is-not-socialist
twitter.com/SFWRedditGifs

I never heard a Dutch person say that, ever.

Butthurt leftist detected.

>implying the average australian is smart enough to understand what "free market" means

I have said it before, that the free market will fix it, I normally need to explain to the aussies what that means afterwards

They'll elect him to government

Austrian """economics""" have been debunked for over 70 years but you'll hear the occasional teenager say it

I've never heard anyone say that

I think most people support a mostly free market with some regulations desu. No one is really an autistic ancap or communist here

>protectiofinn

That's why I'm Chicago economics master race

lol

>i need the government to do everything for me

T. Keynesian economics fag

>"The government will fix it"

How hard will people laugh at the moron who would dare say this out loud in your cunt?

Keynesianism doesn't work since the 70's, wake up grandpa

>only going Chicago tier
>not going full AnCap mode

Fuck off poser

No one is keynesian anymore since the neoclassical synthesis

Pretty sure Keynesianism was used after 2008

We got the nobel in ecomics last year I think. Something about contracts

What?
An economic theory can't be debunked
They are made as a building block for more in death analysis
It's like saying the theory of gravity has been debunked
If that were the case all physics/economics would be irrelevant
Now saying Austrian school is irrelevant is another thing altogether

>Subscribing to an idealist school of economics instead of realizing that flexible pragmatism is how one should handle the balance of Government and Privitization

Kill yourselves

>University of Chicago: 89 Nobel Laureates (28 in economics)
>Faroe Islands: 1 Nobel Laureate

Funny, we got the nobel in economics too with something about contracts.
How strange.

doing so would be tacit admission of the fact that economics is more religion than science

Leave em alone

Competing with the big american cock is impossible.

>University of Chicago
>Endowment $7.001 billion (2016)
we need mo' money for dem programs

So you did. As a physics fag I greatly respect economics. The math is under appreciated.

Why do leafs hate God?

They won't laugh, but you would likely be arrested for hatespeech.

An ideological maxim perhaps?

Looks like that money's going to good use. Are you tsundere toward my university?

No you dumbass, it's an admission that economics is so complicated that it can't be boiled down to a stagnant theoretical set of rules.

It's simply saying we can't predict human behavior because humans continually adapt and change due to evolution.

Following an economic theory like it's set in stone is Religion.

>socialism will work this time I promise despite every developed country being capitalist, marxism failing every time and relying heavily on private companies to generate money and economic growth the solution is to abolish private companies and private property seize the means of production comrade!

Acknowledging that some markets don't clear to give an efficient outcome isn't really socialist at all

The math is completely arbitrary though. Half the time it's jamming math in it in an attempt to make it appear as a more formal science.

The natural world is far more complex, yet a stagnant theoretical set of rules (Newtonian physics) is enough to put satellites in orbit, build aircraft carriers, and schedule your daily life to a time accuracy of +-5 seconds per 10 weeks.
checkmate, economiser

Going by how Post, Railroad, and several other services is handled?
Good track record.
Mostly because they are willing to tackle some of the services core issues, instead of chasing short term profits.

Where is maths jammed in?

The market liberals lost all their seats during the last federal election. So yeah, that's what happens.

Nordic countries are free market as fuck. They rank extremely high in economic freedom. They just combine it with a massive welfare state.

Humans, and by extension, economics are part of the natural world you dipshit. We haven't even been able to scratch the surface in defining and understanding consciousness and you're trying to say we can predict a macroeconomic system full of beings that all possess higher level consciousness that continually exchange genetic material in a way we haven't been able to predict to produce offspring that experience vastly different environments than their parents did, and thus possess a combination of knowledge and genetic makeup that has never existed before.

You're a pseudo intellectual that thinks we have the world completely figured out.

t. engineer

Thus the meme of Sweden being socialist needs to end. 90% of companies in Sweden are privately owned, 5% state-owned and only 5% being worker co-ops. Sweden and all Nordic countries are heavily capitalist with a massive welfare state.

Out of all economic systems, capitalism has the least flaws. Marx is a retard who keeps having his theories proven wrong. When China and Vietnam dropped the socialism meme and embraced capitalism by allowing private corporations again, their gdp, average wages, average income all skyrocketed and absolute poverty rates plummeted.

>China's economic growth since the reform has been very rapid, exceeding the East Asian Tigers. Economists estimate China's GDP growth from 1978 to 2013 at between 9.5% to around 11.5% a year. Since the beginning of Deng Xiaoping's reforms, China's GDP has risen tenfold.[28] The increase in total factor productivity (TFP) was the most important factor, with productivity accounting for 40.1% of the GDP increase, compared with a decline of 13.2% for the period 1957 to 1978—the height of Maoist policies. For the period 1978–2005, Chinese GDP per capita increased from 2.7% to 15.7% of U.S. GDP per capita, and from 53.7% to 188.5% of Indian GDP per capita. Per capita incomes grew at 6.6% a year.[29] Average wages rose sixfold between 1978 and 2005,[30] while absolute poverty declined from 41% of the population to 5% from 1978 to 2001.[31]

en.wikipedia.org/wiki/Chinese_economic_reform#Economic_performance_since_reform

Doi Moi in Vietnam lifted THIRTY MILLION people out of poverty.

vietrade.gov.vn/en/index.php?option=com_content&id=2256:achievements-of-viet-nam-doi-moi-policy-&Itemid=287

>Viet Nam poverty reduction rate has been improved unceasingly for a long period, with a very impressive rate of 2% per year. Thanks to the rapid growth rate, in only two decades, nearly 30 million people were lifted out of poverty

Marx is truly the "just fuck my shit up pham" of economy.

Its like that, but there is occasional fun remains
>Norwegian Agriculture is run like its a Soviet State Enterprise

>faroe islands has more nobel prizes than brazil
>faroe islands population: under 50000
>brazil population: over 200 millions

>it's an amerifats are so phobic about the term "socialist" they try to redefine it to explain why nordic countires aren't socialist because in their minds socialism and success just cannot coexist without massive cognitive dissonance episode

I love the Faroe Islands now

Is this obvious Plebbitor ever going to respond to this post, or will he continue to indulge in the retarded delusion that he thinks he has the world all figured out?

But Nordic countries aren't socialist...

It's not a redefinition they just aren't socialist. It's capitalism with strong social safetynets. Milton Friedman strongly advocated for this for example.

I guess he means the whole mess of subsidies and futures and other such pseudo-economies.

Socialism: a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.

Capitalism: an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.

>it's a socialists are so phobic about reality that they try to label successful capitalist countries "socialist" episode

Socialism refers to the workers owning the means of production.
merriam-webster.com/dictionary/socialism

Do the workers own the MOP in Finland? No they do not.

Do private companies operating for private profit as well as private property exist out the ass in Finland? Yes. Hesberger and Nokia anyone?

Finland is a capitalist economy. It's capitalist with a massive welfare state. It is NOT socialist economy. Socialism refers to public ownership of the means of production.

Stupis mongoloid fuck.

And I'm sick of fellow Americans and other uneducated retards calling Nordic countries socialist or Canada "socialist". No developed country has a socialist economy.

thelocal.dk/20151101/danish-pm-in-us-denmark-is-not-socialist

This was in response to retards like Hernie calling Denmark socialist when it isn't.