| Most economists enjoy the concept of | | | | theory is wrong. |
| free-market capitalism and it is a wonderful | | | | Capitalism has succeeded as a brilliant mechanism |
| dream in theory. Unfortunately, it does not exist | | | | in modern economies in spite those who tax it, |
| due to many factors such as government | | | | impede it, and attempt to control it or make laws |
| regulation, taxation, cartels, and manipulation. | | | | against its fundamental principles. She further |
| Not long ago someone contacted the Online Think | | | | stared in debate that flexible market capitalism; |
| Tank claiming to have a new type of capitalism | | | | In a nutshell, economies that "flexed" with |
| and she stated: "My most recent coinage, "Flexible | | | | environmental and human needs for health, |
| Market Capitalism", solves for this. Realizing and | | | | longevity, enjoyment, and social-spiritual |
| acknowledging these limits are the first step in | | | | fulfillment--while continuing to encourage |
| combating the major ills that effect our current | | | | entrepreneurial activity, technological progress, and |
| local, national, and global economies." | | | | maximal production levels." |
| Perhaps, the Flexible Market Capitalism could solve | | | | What do you mean? Free-market Capitalism is |
| such problems if these problems actually did exist | | | | flexible and it rolls with the local flows and |
| or if a choke point in your assembly line or | | | | changes, that is what happens with free-market |
| efficiency model comes to crisis, however | | | | systems that are allowed to flourish. They are |
| macro-economics do not follow your original | | | | flexible; they solve the problems as they go, if |
| assumptions. In actuality the first step in realizing | | | | they are not duly impeded with bureaucracy or |
| free-markets is to realize the theory holds true | | | | artificial inefficient incentives that use the natural |
| and that limiting thru the blog of bureaucracy the | | | | instincts of humans to move in an unnatural way. |
| model only proves that it's impeded, not that the | | | | Think on this. |