Rob I am not to sure if you understand free market is what we have now.
It bought us to this, not just American housing loans but years of uncontrolled investments of money not backed by real value.
In things that had far less real value than on paper.
The question is what will replace it?
Will it work?
The impending meetings will be interesting.

...annnnnd there you have it.. SANCHO has already FOUND some truth :)

He is actually making some sense there.

Told ya.

There's no such thing as a free market. In 100% capitalism the market is controlled and regulated by the rich and powerful. In 100% socialism the market is controlled and regulated by governments, some elected some not.

In both cases, the market suffers intervention, control and regulation. The only difference is, that the intervention, control and regulation comes via different philosophical perspectives.

As I said, there is no such thing as a free market.

Good point rw.

So the question really should be; a market controlled by greed and vested interests or one controlled by a government that is properly accountable to its constituency and which will deliver a much better distribution of wealth, better safety nets and better protections against runaway capitalism including obscene profits for some companies and obscene incomes for some CEOs?

OF COURSE we want the latter.

So how do we get it?

By the way, welcome to OLO rw.

"free market"
is an endocentric noun
not an adjective
and a noun

such a basic mistake
coming from people
of such eloquence
can only mean
deliberate misinterpretation

what?
in the hope
that no-one would notice
the 'error'