Ian Smith [smithi§nimnet.asn.au] wrote:
> Well Vic, that's the neo-Darwinian economic rationalist dogma alright. 
> So-called 'pure' capitalism dignifies and supports plutocracy - rule of
> the wealthy - and the increasing Americanisation of Australian and other
> client states' industries is, for now, still heading in that direction,
> and still accepting, as Kim said, resources depletion in every sphere.

> Cosy duopolies wind up controlling nearly all markets ..Woolies / Coles,
> Unilever / Colgate, crushing all the smaller players .. and these'd all
> long since have become monopolies but for some remaining anti-monopoly
> regulation.  Big banks are only 'four' by dint of regulation, or there'd
> be just two - or one if govt. policy allowed. Not to mention Telstra .. 

free and fair markets produce power law distributions of wealth which in
turn is used to invest in new ideas and drive rapid progress. if you dont like
free and fair markets or progress, there is always cuba.

Vic