A funny thing just happened on Facebook

Just now I logged on to Facebook and on an irritated whim I commented on a remark posted by a friend who has been somewhat estranged lately for reasons not germane to this.

Or perhaps they are. I often wonder how ideology affects one’s personal loyalty, ethics, etc. I haven’t seen a direct one-to-one relationship, it’s more complicated than that, but still…

At any rate, what this person posted was:

“Unregulated free market capitalism looks suspiciously like China…..”

I posted:

“Stephen W. Browne: Dumb on so many levels. A free market is not and cannot be “unregulated” by definition. A market systems cannot function without rules: against fraud and force, misrepresentation in advertising, enforcement of contracts,”

Then I hit the ENTER key, which I do often on Facebook. On some sites ENTER gives you a paragraph break. On Facebook it actually enters what you’ve written, and I often forget that. (And by the way, how do you get a paragraph break on Facebook?

So I continued to write:

“Stephen W. Browne: China has moved away from a totalitarian system that outright murdered tens of millions of people and caused mass starvation of similar numbers through the sheer economic idiocy that has resulted from every attempt at centrally planning the economy. And have you seen China? Nor have I, but I have taken the trouble to get to know a fair number of Chinese with first-hand experience of both countries. Some in the context of helping them defect. I have seen and lived in not one, but three countries which were in the process of moving from controlled economies to at least freer markets. In each case I saw first-hand the explosion of prosperity that followed immediately afterwards. I have visited at intervals several more, and seen reliable reports of still more. In contrast as a country, ours in this case, has fallen lower on the economic freedom index maintained by the Canadian think tank Fraser, well we see the results around us. This is so silly that, as one scientist said, “It’s not even wrong.” How China and the U.S. resemble each other is not in being “an unregulated free market” but in us moving towards the kind of crony capitalism of China. One where the government allows a minimal market, but picks the winners and losers through preferential regulation, complicated tax codes, awarding government contracts to favored supporters, and outright subsidies, bailouts etc.”

Then I hit ENTER, and this popped up:

“Sorry, you may not have permission to add this comment or the original post may have been deleted.”

This entry was posted in Personal, Politics. Bookmark the permalink.

One Response to A funny thing just happened on Facebook

Leave a Reply

Your email address will not be published. Required fields are marked *