18919Corporatist Lobbying Replaced a Free Market
- Jul 16, 2014
The practice of a pure free market is so rare that a plausible argument can be made that a free market economy never existed. However, as the saying goes, Once Upon A Time, economic commerce did reflect a voluntary basis for business transactions. The fortunes of trade rested upon the mutual benefit of all parties, since repeated satisfaction built sustaining economies. Competition was the norm and the quality of goods and services developed that propelled expanding growth and prosperity for the largest numbers of participating producers and consumers. In the corporatist economic model, the goal is to create and protect monopolies, while stamping out any enterprises that challenge the Plutocrat system.
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