“The term ‘free market’ is really a euphemism. What the far right actually means by this term is ‘lawless market.’ In a lawless market, entrepreneurs can get away with privatizing the benefits of the market (profits) while socializing its costs (like pollution).” MeanTermCostBenefitsEntrepreneurProfitGet AwayPollutionFree MarketEuphemismSocializing Author:Steve Kangas
“Repealing drug laws would remove the risks involved with producing and distributing drugs, bringing 'street prices' crashing down (it's estimated that a 'spoon' of heroin would cost about a quarter in the free market), thereby eradicating any incentive that criminals might have to compete with legitimate businesses, and greatly reducing if not eliminating altogether any economic reason to 'push' drugs on children.” IfsChildrenReasonMightLawRiskEconomicStreetsInvolvedCostDrugCriminalsRemoveQuartersFree MarketIncentivesReducingHeroinSpoonsEliminatingDrug LawsRepealingCrashing Down Author:L. Neil Smith
“I would ask: Given the nature of free-market capitalism - where the rule is to rise to the top at all costs - is it possible to have a financial industry hero? And by the way, this is not a pop-culture trend we're talking about. There aren't many financial heroes in literature, theater or cinema.” WayCultureAsksLiteratureGivenTalkingIndustryHeroCostCapitalismTheaterFinancialPopsCinemaTrendsFree MarketPop CultureFree Market Capitalism Author:Martin Scorsese
“The "developed" nations had given to the "free market" the status of a god, and were sacrificing to it their farmers, farmlands, and communities, their forests, wetlands, and prairies, their ecosystems and watersheds. They had accepted universal pollution and global warming as normal costs of doing business.” GivenNationsCommunitySacrificeCostNormalUniversalEnvironmentalAcceptedForestsGlobal WarmingFarmersPollutionFree MarketEcosystemsPrairieWatershedsFarmlandWetlandsDeveloped Nations Book:In the Presence of Fear: Three Essays for a Changed World Source: In the Presence of Fear: Three Essays for a Changed World
“You show me a polluter, I'll show you a subsidy. I'll show you a fat cat using political clout to escape the discipline of the free market and force the public to pay his production costs.” ShowsPoliticalForcePayDisciplineCostCatProductionsFatsShow MeFree MarketSubsidiesClout Author:Robert F. Kennedy, Jr.
“The free market is 'socialism' for the rich: the public pays the costs and the rich get the benefit - markets for the poor and plenty of state protection for the rich.” StatesPoorPayRichCostBenefitsProtectionSocialismPlentyFree Market Author:Noam Chomsky
“The essence and the glory of the free market is that individual firms and businesses, competing on the market, provide an ever-changing orchestration of efficient and progressive goods and services: continually improving products and markets, advancing technology, cutting costs, and meeting changing consumer demands as swiftly and as efficiently as possible.” IndividualTechnologyCuttingProductsCostDemandGloryEssenceMeetingsConsumersFirmGoodsProgressiveEfficientImprovingCompetingFree MarketAdvancingGoods And ServicesOrchestration Book:For a New Liberty: The Libertarian Manifesto Source: For a New Liberty: The Libertarian Manifesto
“The costs of government are bound to be much higher than those of the free market. . .The State cannot calculate well and therefore cannot gauge its costs accurately.” WellsStatesGovernmentHigherCostBoundsFree MarketGauges Author:Murray Rothbard