The 'free' market has been an environment where some very good ideas have taken root and come to fruition. No matter where one is in the world — no matter what the system of trade and government — micro-economies with their own, organically-derived rules always find ways of not only surfacing, but undermining what infrastructure is currently there. It is essential that our system of trade is regulated in response to how it actually works, as opposed to unquestioning deregulation in the name of freedom.
Modern Conservatives* would have the world believe that the free market can only stay free when there are as few rules as possible. For many reasons, this is untrue.
Free in what way? Free to do what? Does a free market mean a market without rules? Can everyone be free if there are no guidelines?
In many people's minds, the idea of free market is much more accurately described as a market in which small ideas can become big, individuals become successful, and new organizations are given the opportunity to grow and become self-sustaining. This has also been referred to as the American Dream, which has a definition that is subject to entropy.
In order to have a world full of good ideas, and strong follow-through, it is clear that there must be rules. Opportunities must be provided and protected, merit must be understood, and merit must be broadcast. Without strict guides for this process, merit becomes secondary to a kind of miscommunication that stunts the progress of modern technology, blocks cultural development, and rewards those responsible with immense wealth and power.
It's been said that rules are limitations; but with certain decisions already made, doesn't that allow us more time and resources to focus on the details that matter?
*What on earth are they conserving? What a silly name.
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