The invisible hand of the free market is a meme

>muh invisible hand of the free market
Why do conservatives and libertarians parrot this and apply it to every single industry, even in places where they really fucking shouldn't?

Get rid of the EPA? You'll be seeing companies cut corners and literally poison their customers to save a couple cents.

Get rid of net neutrality? You're going to see well established billion dollar cable companies fuck over the end user and stamp out any possible form of competition as we've seen with Comcast.

Medical care? Not going to give that one the time of day in a culture where the only thing that's keeping me from going blind is a $1700 medication that comes in 30 day supplies, or the $700,000 that my mother had to pay for a two week stay for intensive care.

Automobiles? You want to know what would happen if the free market was truly at play? Those companies would have gone fucking bankrupt and we'd be driving chink and Mexico shit around.

Insurance? Yeah, let me get back to you on that one after I send my check to AAA and Signa.

how old is this pasta?

what are you trying to say here OP?

It's not pasta. I actually wrote that shit. I'm saying that government intervention is either a good thing, or a very bad thing and it's up to the people to oversee how these things are handled through a representative democracy.

Leaving it up to executives of fortune 500 companies is fucking retarded.

>3 mile island
>anything but an marvel of modern safety engineering
It's like people don't even realize it released less radiation during its "catastrophe" than a coal plant does during normal operation

And that was due to government intervention. Without it, we would've had a Chernobyl disaster on our hands.

>that image

If you're going to hate on laissez-faire capitalism, do some fucking research before spewing random shit.

>three mile island

Not even worthy of discussion. Literally the biggest fuck up in American nuclear history, caused by regards actually going out of thei way to make it worse, and what was the result? Nothing. It's still running today with zero environmental impacts because the safeguards were so well designed that the regards who made it worse couldn't cause a meltdown. Meanwhile in Chernobyl, that shit is still on lockdown, with devastating radioactive leakage and a core that will remain melted for our conceivable future. Why aren't you blaming socialism/communism for something so vastly worse it cannot even be compared seriously?

>asian sweatshops

Sweatshops blew up in popularity during the 70s in primarily communist asian nations. Are you actually dumb enough to blame Americans for buying cheap shit rather than the second and third world shitholes that work children to death?

>pinto

Lmaoing @ your life famalams, grasping at straws so hard.

The only viable argument in your image is AIG. But way to wash out whatever shit argument you had by shitting out examples that do not relate at all, and actually make whatever socialist shithole ideology you support look infinitely worse than communism.

What the fuck are you on about? Government intervention doesnt dictate shit for nuclear plant safety, otherwise Chernobyl would never have happened. Get off the proxy Ivan, your shilling won't work here.

You either willfully lying or not very intelligent op.
Freemarkets don't have central banks.

Asian sweatshops are in communist nations.

Communism/socialism has never been tried. Capitalism is. It's time for a change. It's time for a revolution. It's time to give the better ideas a chance, shitlord.

INVISIBLE HAND JERKING OFF YOUR INFERIOR WHITE BOICLITTY FAGGOT

FAG
A
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POO I JEEETTB

>3 posts by this ID

Everything in the US is heavily regulated,

>Get rid of the EPA? You'll be seeing companies cut corners and literally poison their customers to save a couple cents.

Greatest environmental disasters have been under Communist rule. Cleanest countries tend to be capitalist.

>Get rid of net neutrality? You're going to see well established billion dollar cable companies fuck over the end user and stamp out any possible form of competition as we've seen with Comcast.

Yup much like how IBM quashed Microsoft, Microsoft quashed Google, MySpace quashed Facebook yeah?

>Medical care? Not going to give that one the time of day in a culture where the only thing that's keeping me from going blind is a $1700 medication that comes in 30 day supplies, or the $700,000 that my mother had to pay for a two week stay for intensive care.

The more government regulation of, and interference in, American healthcare the higher the costs go. Congratulations on further empowering Health Insurance lobbyists and politicans.

>Automobiles? You want to know what would happen if the free market was truly at play? Those companies would have gone fucking bankrupt and we'd be driving chink and Mexico shit around.

Lolwut? If the freemarket was truly at play we'd be stuck with 3rd world or communist vehicles? Superior Japanese and German cars forced lazy American manufacterers to innovate. They didn't do it very well because of government regulation and unions but there you go, congrats.

Sure you can hate big business. But don't blame capitalism for it.

Most nuclear reactors wouldn't have been built without government interference. Nuclear energy was hyped from the ground up, and it's much more expensive than fossil fuels.

The housing bubble was creating due to a democratization of debt. Government gave lenders incentives to take on more risks, lending to plebians.

Asian sweatshops are beneficial to the people living in those countries. Those people want our western technology (medicine) but do not have anything to offer in the global market except unskilled labor. Now they do. China and taiwan are developing internal markets. Korea was a shitheap without any valuable resources and now it's a world leader in mobile devices.

AIG and other "too big to fail" institutions are too big because they have too big a market share. This didn't happen because of market dynamics, but due to excessive regulations and government putting up barriers to entry. The banks also expected to get bailed out long before it had to happen.

The free market isn't the problem; it's the government only allowing freedom when it's in the benefit of their power-base and lobbyists. All industries are highly regulated and subsidized (in the form of loans or government transactions), and skew towards size.

Nice argument faglord, if you're here for meemes you should probably avoid this thread lad

>the housing bubble was a product of the free market and not hill Clinton's shitry policies
K

how new are you?

>nuclear energy is more expensive than fossile fuels

I am fucking triggered. Better have some damn good citations to back up an argument that colossally retarded.

Giant corporations and central banks love regulations. It keeps their less wealthy competitors weighed down and prevents new start ups from being created.

Capitalism has never been tried.


I can't recall a time when anarcho-capitalism was allowed to occur.

In the 1970's, fossil fuels were much, much cheaper.
*Burning* is also much simpler than *Fission*; *burning* is much safer than *fission*.

Uranium is found in the deeper layers of the earth, because it's heavy as shit. And then you need specific isotopes, because it won't fission otherwise. This is a painful process, requiring a ton of upfront investments.

Safety regulations are a major thing.

Let's not mind the costs of storing or reusing depleted nuclear rods.

This image ignores the effect of lawsuits on the country. Love Canal and the Ford Pinto were fixed with lawsuits.

Without tort law/common law in place, we might be as bad as the communist shitholes, but being able to sue for damages in civil courts has done more to advance consumer/citizen interests than actual government legislation and regulation.

And yes, an effective court system is the backbone of a free market economy, for without the courts, contacts and the rule of law are meaningless.

Also the housing bubble was caused entirely by the government forcing lenders to give dindus money.