MovieStuff wrote:
For instance, you maintain that the concept of the free market was established on the idea of fair trade. I maintain that the reality is quite different and that there is nothing fair about the free market and never has been. I understand what many books on economics say about how the free market is supposed work but I have enough direct experience to know that the reality is very often different. Most experienced business people will tell you that economic theory is based on utopian ideals that do not take into account human nature because the little guy always wants to be the big guy. You started this thread complaining about the inherent unfairness of a free market place that prevents a good documentary from being successful. Yet you maintain that such a free market was founded on the ideal of fair trade! If I point out that such unfairness is proof that the market place isn't fair and never was, you don't provide any sort of evidence to the contrary. Instead, you just maintain that my point of view is illogical because all the books you read insist that the free market was founded on the ideal of fair trade. Nevermind the reality that started this thread! How can you reconcile such beliefs? Do you make your decisions as an experienced business person or because a book says so?
Roger
This is why epistemology is so important. You have misinterpreted my argument. If you go back and look at my arguments you will find that I never argued that.
I did say may have said that the ideologues of "Free Markets" argue that a "Free Market" will be governed
naturally by the "invisible hand of supply and demand". That is of course precisely what they argue.
Hey Nigel! You still out there? Tell us about it.
I did say - and this is an epistemological point - that the logic of the invisible hand of the free market bringing about freedom and liberty for all participants in the market is based on the
assumption that:
steve hyde wrote:
Free Market ideology is founded on the assumption that individual freedoms are guaranteed by freedom in the Market. If freedom cannot be guaranteed in the Market, then advocates for Free Markets are not advocates for freedom.
*Freedom* is at the ontological heart of "Free Market" philosophy.
Without the concepts of freedom and liberty in the market, Free Market philosophy is upended. It's negated. This is my argument. I'm trying to state it as plainly as possible.
Freedom and liberty for world citizens must be protected. The question is how? In the economy: Free Market? or Regulated Market?
The difference is I believe that regulation governed by a democratically elected government is still the best way to defend freedom and liberty in the global market place.
Yes, democracy is a deeply flawed system, but it is a fist for fighting against the so-called invisible hand. The biggest threat to democracy is the mass media apparatus.
hey look Rupert Murdock just bought Myspace, The Dow Jones and The Wall Street Journal what is next? He already own major news papers in the UK and in Australia. Watch and learn how access to new markets and the manipulation of new markets adds to his coffers!! Think about that!
Citizens need to understand cultural hegemony and how to resist it..
Filmmakers!!! I hope you are listening!
We need an audio-visual media movement that works in defense of cultural diversity. Make films in your own languages that speak to what is important to you and your culture! Don't conform to the wants of English language audiences. Fuck that. Tell us who you are and what you care about. Don't let U.S/British imperialism continue to paper over the global cultural landscape. It's no good for the citizens of the world!
This is what neoliberalism looks like. For those of you that like numbers, dig this:
in 1996, the net worth of the 358 top richest people in the world was equal to the combined income of the poorest 45% of the worlds population. Stated differently: 358 people maintained an income equal to 2.3 billion people.
Aren't you just a bit curious how that works? Wouldn't you like to know?
Worse still, between 1996 and 1998 the worlds 200 richest people more than doubled their assets. If we scale it down to the top three richest people we have the combined income of three (3!!) people with incomes equal to the 600 million people living in the "least developed countries" according to the United Nations Development Program (UNDP, 1996, 1999)
source:
http://hdr.undp.org/
I am arguing that the liberalization of trade helps the rich and hurts the poor. It does not create a "level Playing Field" . We should not assume freedom will be guaranteed by the "invisible hand of the market."
We should assume that the rich and powerful want deregulation because it serves the rich and powerful and therefore anyone who is not rich and powerful, or cares about social justice in the world economy, should be making a stand against neoliberalism.
Steve