Pure bullshit, and without evidence! You said so your self that a true free market has never existed yet your so dam sure it will work!
What are you talking about? I posted an exact time frame. From the end of the Civil War until the creation of the Federal Reserve. This was the most prosperous period in all of human history. While not a total 'free-market', it was about as close to one as anyone society has gotten. It was Libertarian laissez-faire Capitalism and by the end of it, black Americans had a higher literacy rate than Detroit and Chicago in the year 2013, one hundred years of Federal Reserve later.
Its the USA prision COMPAINES!
Yup, that's called Fascism. We live in a Progressive Fascist society.
They lobby goverment for lucrative prision countracts,
they lobby for tougher laws and prision sentances, all for more money! when companies start making the rules this is what we get!
They lobby the who? Who was that they lobby? Who???
OHHHHH The lobby THE GOVERNMENT. I wonder why they do that and don't just go round up people? OHHHH because the root of the Evil is the one institutions that CAN LEGALLY ROUND UP CITIZENS for the 'Crime' against the "Public" of smoking a naturally grown organic herb. You know, because "THE GOVERNMENT" is looking out for the "Good of the Public" and if we didn't let THE GOVERNMENT run it's Fascist schemes... why, we simply wouldn't love the Children/God/Uncle Sam/Good of the People/Good of the Nation and we'd be Traitors/Infidels/.... blah blah blah....
Colorblind? Who builds all those Apples products, not white people! Why?, because they can go to an asain country with much lower standards of living and lacking working regulations and work these people like slaves! If it was not for rules and regulations companies would murder their employee if it ment a profit! This is silly you know dam well companies care only for profit, they will do anything for profit, in a world without rules they would make profit every way they can, fuck morality!
This is a complete lie. Asians are more than happy to take work Americans don't want. They are not Slaves (and pretending they are is actually a slap in the face to the history of real Slavery). Chinese work in factories probably more modern and of high quality than my grandfather. As a matter of fact, as I've worked for GM, I can pretty much promise you that the Apple factories ran by Foxx Com is why better - they MUST BE because they have to be nearly sterile to assemble many of the parts.
China's GDP is predicted to overtake the USA's in 2017.
Productivity can't keep increaseing: Two reasons, first their is a finite amount of energy and material to work with, if we continue to grow at 3% per year by the 23 century we will demand more energy then sunlight hitting the earth, by the 30th century more energy then the sun produces, by the 37th century more energy then the entire gallaxy produces! Sustainable growth is physically impossible: we will stagnate! In fact the lack of much growth in the developed world and the slow down in population growth on average worldwide is clear sign we are starting to stagnate already.
I agree, productivity can't keep on increasing. My arguments is we're not enjoying the fruits of our productivity. Because we don't have sound money, our labor is not properly accounted for, and we're simply being sold out by the banks.
Second, demand is not inifinite! Billy Gates could buy thousands cars for himself, does he? In fact the man does not consume much more then an average middle class consumer, as a person gets richer their consumption does not grow to match but falls off logarithmically. This is part of the reason economic growth is slowing: consumers have limit demand: there only so much they would buy even if they could. And with population growth slowing the future pool of costumers is going to be limited. Countries like Japan are familiar with deflation and all it does is stagnate their production to match their stagnate demand!
Yes, again, I agree - the root of the problem, as it says in the good book, is money.
We need sound money, which means we must end Income/Labor Tax and bring in currency competition.
The price of labor is only going down! With machines getting smart and more productive human labor will only be able to compete at lower and lower prices! Evnetually the minium amount of energy to feed and house a human worker will be higher than the electricity and maintance of a machine worker, no amount of deflation will fix that! Educating the people for higher tech jobs will be like trying to put 10 people into one seat: there simply not going to be enough jobs left and more improtantly most people are too stupid to be able to do them anyways! What we need to do is educate people into becoming investors, we need to loan everyone money in a highly regulated fashion to invest in stocks and bonds and mutual funds: everyone needs to become capitalists, not laborers! Of course a simpler solution is just give everyone a stipend, welfare, socialism, but hey captialism is so adaptable and we know the system works for the rich, so just make everyone (rich) capitialists.
Firstly, profit is a healthy aspect of society. Profit in a free-market signals to the producers to make more of that item. Loss of profit signals to stop and make something else.
Secondly, again, we live in a Fascist Warmongering State, not a free-market.
Thirdly, we need sound money.
I have one question: In the next 20 years 3D printers are going to give pretty much anyone, the ability to produce. This means all of those Wallmarts we have now, well, those will be shuttered. No need for all those Chinese factories either. Just buy some powdered plastic and metal from GE et.al. on-line, have it delivered to your home and print whatever clothing you want, plastic goods, electronics, etc.... WHEN THAT DAY COMES, and all of those jobs are lost, will we be a more or less prosperous society? Because, from what I can gather, you're making the argument we'll be poorer. And that's simply not true.