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Market Fundamentalism


© Jen Sorensen

Don’t get me wrong — I love free markets. But free markets require careful regulation to keep them free. Democracy and freedom still requires the rule of law. Otherwise we end up with monopolies, corporations as people, robber barons, corporate welfare, and economic stagnation.

In fact, the point of this comic is that what is being promoted as capitalism nowadays is more like a religion than a set of economic principles. What else could explain that while the Koch Brothers’ “great conservative economic experiment” in Kansas has failed miserably, the same religion is still being peddled at the national level by Trump and the Republicans. They just didn’t believe in it hard enough.

People seem to be worshiping greed and avarice. And their high priest is Donald Trump, an unabashed twittervangelist and con man.

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One Comment

  1. Andrew wrote:

    Just as TANSTAAFL (There Ain’t No Such Thing As A Free Lunch), TANSTAAFM (There Ain’t No Such Thing As A Free Market.) All well-functioning markets need rules and regulations, or else people won’t trade or transact.

    Friday, July 7, 2017 at 10:41 am | Permalink

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  1. […] Knee at Political Irony loves free markets, but does not join conservatives in worshiping unregulated economic fundamentalism. […]