>>>>Dragan, it seems to me you forget that every real system is imperfect. Most likely you know Churchill saying about democracy, it could be re-phrased for free market too.
>>>
>>>I didn't forget that, just wanted to not be alone coming to that conclusion.
>>>
>>>Because I've seen a few people here, including you, trusting the market to fix things in cases where there are obviously powerful players involved, and their gravitational pull prevents the playing field from being level.
>>
>>It is correct: in general, I trust market more than to people. It doesn't mean that market will do everything all right. This is imperfect world.
>
>But market
is people, how they behave, what do they do with their (and others') money. So the difference is the same.
I agree it is people, but placing market on forefront makes one important distinction. Free market assumes that all participants are free (in both political and economical sense), i.e. it is given. When people come ahead of market, they put forward 'common good' concept at the expense of the abovementioned freedoms.
Edward Pikman
Independent Consultant