http://www.abc.net.au/news/2013-04-22/janda-auto-subsidies-should-stay-for-now/4640226
"Holden's decision to slice another 500 jobs
from its already much diminished workforce has again reignited debate
on whether the Australian, South Australian and Victorian governments
should drop their support for the auto industry.
Orthodox
free-market economists argue that such assistance prevents the most
efficient allocation of resources in the economy from taking place,
causing a loss in output for society as a whole."
Can't let this one go through to the keeper. My posts lately spoke of the abject failure of an experimental free market in carbon emissions to modify the behaviour of consumers, demonstrated clearly by the collapse of the carbon price in the EU carbon trading market.
Our lives are controlled by neoliberal free-marketeers who continuously muddy the waters and actively prevent the establishment of the Keynsian Capitalist Utopia.
Let us debate the proposition that "The market is a harlot and free competition is a bad idea"
No comments:
Post a Comment