The Economic Populist Published Articles
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The Economic Populist      

 Speak Your Mind 2 Cents at a Time 

Free Markets are Fraudulent Markets

By Eric L. Prentis

Published September 7, 2013

How the Financial Elite Con Us into Wanting the Wrong Thing

Competitive or self-regulating market economies promote dynamic creative destruction and rebirth—led by people’s needs, wants and desires, thus properly directing economic progress. Historically, competitive market economies are a relatively new economic system, and while very productive, they are not self-sustaining, are unstable and require significant state support and regulation to function properly.

Nevertheless, self-regulating market economies are superior to other political-economic systems—such as dictatorial fascism or autocratic communism—however, the state can mismanage them. Please read the complete article, click: 

 http://www.economicpopulist.org/content/free-markets-are-fraudulent-markets-5360 

Free Markets are Fraudulent Markets

By Eric L. Prentis

Published September 7, 2013

How the Financial Elite Con Us into Wanting the Wrong Thing

Competitive or self-regulating market economies promote dynamic creative destruction and rebirth—led by people’s needs, wants and desires, thus properly directing economic progress. Historically, competitive market economies are a relatively new economic system, and while very productive, they are not self-sustaining, are unstable and require significant state support and regulation to function properly.

Nevertheless, self-regulating market economies are superior to other political-economic systems—such as dictatorial fascism or autocratic communism—however, the state can mismanage them. 

Please read the complete article, click: 

 http://www.economicpopulist.org/content/free-markets-are-fraudulent-markets-5360 

 

The Economic Populist Speak Your Mind 2 Cents at a Time    

  

 
 

    WORLD-MARKET-STATE vs. DEMOCRACY: Why We Should Go Over the Fiscal Cliff

 By Eric L. Prentis

Published December 17, 2012

International corporations use “free market” capitalism ideology to justify globalization and create a “world-market-state.” Supposedly, “free market” capitalism makes America’s economy efficient and, therefore, far more prosperous. In practice, however, international corporations promote laws based on “free market” capitalism—for their own benefit.

Economists, for 45 years, promote laissez-faire “free market” capitalism doctrine of reducing the size of government through deregulation, privatization of government services, and globalization. Economists tell us that using now efficient markets to manage the economy, rather than politicians, will dramatically increase US wealth. However, recent scientific research and real-life economic results disprove this myth. Instead, evidence shows that deregulated “free market” capitalism policies are damaging the US economy.

Please read the complete article, click:

http://www.economicpopulist.org/content/world-market-state-vs-democracy-why-we-should-go-over-fiscal-cliff