Still trying to figure out who lied.Aconic said they did not recommend their cladding for buildings over 30 meters, but why sell a flammable cladding in the first place?And WHO took the bribes to let it be used on Grenfell and other towers?And only ONE fire escape in that building? The architect should be sued as well!
Even in ricardo-style perfect-free-market simulations, bad results always happen, such as the presence of “private affluence and public squalor”- where public goods are non-present due to the fact that there is no incentive to have them. In any case, we all know Ricardo-based models don’t work. It assumes, for one thing, no corporations, and corporations exist. Ricardo was great in his day, but he doesn’t have much place in the modern world.
The free market works where you really have multiple players on a level playing field. Unfortunately that is usually not the case and even if it is, the participants are working their hearts out to build barriers to entry and anything else they can think of to move towards monopoly status. Over time most markets become dominated by a few players and the chance for a new entity to challenge that market becomes very small.
“While it is NOT true that most Conservatives are stupid people, it IS true that most stupid people ARE Conservatives!” John Stuart Mill, Member of Parliament. It works that way in America, too.
I find it fascinating that since all the decades of failed trickle down economics since Reagan that there are still middle income and working people who will vote for (even cheer) candidates that push Voodoo Economics. The middle class has been on a downward projection overall since the “supply side religion” has gripped this country. Where are all the jobs Bush 43’s tax cuts were supposed to create?
^ And please no silly comments about 8 years of “Wild Marxism” under Obama. Obama was not that far to the left of the Bushes or Clinton. If he was he would have pushed for a single payer solution instead of the ACA.
The unfettered free market will keep PROFITS safe. People are secondary to money in the free market. The Conservative utopia, where there are no regulations, and the fire department works on commission. Let the poor burn and the rich profit.
Dtroutma almost 7 years ago
And it’s flash paper!
Darsan54 Premium Member almost 7 years ago
Yep, and the motivation is there are always suckers to be fleeced.
Kilrwat Premium Member almost 7 years ago
Behind every regulation is either a crime or a tragedy.
edward thomas Premium Member almost 7 years ago
Still trying to figure out who lied.Aconic said they did not recommend their cladding for buildings over 30 meters, but why sell a flammable cladding in the first place?And WHO took the bribes to let it be used on Grenfell and other towers?And only ONE fire escape in that building? The architect should be sued as well!
benjamineyal almost 7 years ago
Even in ricardo-style perfect-free-market simulations, bad results always happen, such as the presence of “private affluence and public squalor”- where public goods are non-present due to the fact that there is no incentive to have them. In any case, we all know Ricardo-based models don’t work. It assumes, for one thing, no corporations, and corporations exist. Ricardo was great in his day, but he doesn’t have much place in the modern world.
Theodore E. Lind Premium Member almost 7 years ago
The free market works where you really have multiple players on a level playing field. Unfortunately that is usually not the case and even if it is, the participants are working their hearts out to build barriers to entry and anything else they can think of to move towards monopoly status. Over time most markets become dominated by a few players and the chance for a new entity to challenge that market becomes very small.
Masterskrain Premium Member almost 7 years ago
“While it is NOT true that most Conservatives are stupid people, it IS true that most stupid people ARE Conservatives!” John Stuart Mill, Member of Parliament. It works that way in America, too.
paul GROSS Premium Member almost 7 years ago
Kind of missing the governments role in this tragedy as usual.
WestNYC Premium Member almost 7 years ago
Strike the balance between the over-regulation and under-regulation.
Striped Cat almost 7 years ago
I find it fascinating that since all the decades of failed trickle down economics since Reagan that there are still middle income and working people who will vote for (even cheer) candidates that push Voodoo Economics. The middle class has been on a downward projection overall since the “supply side religion” has gripped this country. Where are all the jobs Bush 43’s tax cuts were supposed to create?
Striped Cat almost 7 years ago
^ And please no silly comments about 8 years of “Wild Marxism” under Obama. Obama was not that far to the left of the Bushes or Clinton. If he was he would have pushed for a single payer solution instead of the ACA.
Mr. Blawt almost 7 years ago
The unfettered free market will keep PROFITS safe. People are secondary to money in the free market. The Conservative utopia, where there are no regulations, and the fire department works on commission. Let the poor burn and the rich profit.
mr_sherman Premium Member almost 7 years ago
In a totally “free market”, people ARE the commodity.
Masterskrain Premium Member almost 7 years ago
Study the “Ferengi Rules of Acquisition” to see where their ideas came from.
edward thomas Premium Member almost 7 years ago
Blah, blah blah. See no evil, etc.