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Author Topic: The freer the market, the freer the people?  (Read 586 times)
cleangold
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September 10, 2020, 10:32:12 PM
 #61

Freer market means freer people.
Have we had truly free markets?  I'm not sure that where there has been a purely free market, and if there was, what was result?
There is a range of freedoms, in different markets.
Those countries with extreme totalitarian control do not even bestow on their citizens true property rights, meaning that assets can be seized as needed by the state.
Then we have the flip side, with those more "free" economies, where those corporations who gain more and more capital and success, also accumulate more and more power, which can be used for lobbying and thereby stacking the odds in their favor in the markets.
So... does a more free market lead to less freedoms as those who accumulate more powers take advantage of those?
It would seem what need here is a balance.
The great thing that cannot be stopped is human innovation, which keeps generating more and more freedom, for more and more people around the world.
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September 10, 2020, 11:13:10 PM
 #62

If it's just about the freer the market is, the freer people are then the answer is yes. But, does this free market dominate the world market? I don't think so, because the government will definitely oppose this free market to continue to grow and develop, and although the free market can still operate but still, at least its freedom will still be limited and will not fully dominate.

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MCobian
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September 10, 2020, 11:26:44 PM
 #63

I don't agree with allowing the free market, because not everyone has the ability to identify legitimate and fake projects.
And the freedom in the crypto market is sure to be taken advantage of by many scammers, this will be very dangerous
for the future of cryptocurrency. Indeed, there should be rules that limit freedom in the crypto market.

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mersal
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September 11, 2020, 02:43:23 PM
 #64

If it's just about the freer the market is, the freer people are then the answer is yes. But, does this free market dominate the world market? I don't think so, because the government will definitely oppose this free market to continue to grow and develop, and although the free market can still operate but still, at least its freedom will still be limited and will not fully dominate.
We don't need the crypto market should dominate the world at all because which also will make the cryptos not usable as currency.Maybe some government will support the decentralized market since cryptos already got regulations in some countries which will dictate other parts of the world to follow the same.
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