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Old 05-09-2007, 07:39 AM
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Thank you for pointing out Singapore, DuH. We're getting to the next point.
How free is a market when the people who work it are not free?
The "Asian Tigers" followed a scheme of free trade but coupled with semi-authoritarian-to-authoritarian social regulation... That created strong growth.
It's the same model China adopted (though it still likes to call itself communist for control purposes) and Dubai has. Capitalism seems to work well within dictatorship... Of course it does... Part of the point of democracy is that the lowly workers have a say.
The ideal environment for economic growth is a totalitarian capitalist state... one where worker's rights are limited, speech is limited, and the state will enforce the dissolution of unions. Is it a shocker?
Of course the "Asian Tigers" have been leveling off... seems totalitarianism is as limiting as communism itself in the long run.

But that's the problem. This kind of laissez faire capitalism is not compatible with representative government... that would require the people who are screwed in the system to support it as is... not likely.
Also incompatible with any really libertarian ideal. I would figure libertarians would look down on forceful ending of worker demonstrations and forceful dissolutions of unions... and yet these things are necessary for a system such as Dubai's to function as it does.
You do pay for economic growth, you know?
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