Freedom | Expansion | Evolution
In the past few weeks I’ve had a few interactions with people who “hate money”, consider it “evil”, think it “creates greed, poverty, hunger”. They see the cronyism and banking/political corruption and blame this on money. There is indeed plenty of corruption in the world and many systems that are more destructive than beneficial. But money itself simply is not one.
“Lack of money is the root of all evil” – George Bernard Shaw
For the past few years we have been told repeatedly by politicians and the media that the Free Market has caused the economic recession. Giving the markets, or banks to be more precise, too much freedom to do business resulting in them mismanaging money and going broke, so we’re told. That they were bailed out by governments is another days discussion, the question today is: were the banks operating in a Free Market in the first place? Do We live in a Free Market?
A completely free market is a form of a market economy where buyers and sellers are allowed to transact freely (i.e. buy/sell/trade) based on a mutual agreement on price without state intervention in the form of taxes, subsidies or regulation.
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