What do you think are the major pros/cons of each current generation?

[JasonBlack]

(02-19-2022, 09:27 AM)David Horn Wrote:

(02-18-2022, 11:01 PM)JasonBlack Wrote:

(02-18-2022, 05:58 PM)Eric the Green Wrote: We can't depend on trickle-down economics schemes and the invisible hand of each person just freely pursuing their own needs to solve these real concerns impinging on us all now in our fourth turning.

You only have to rely on wealth "trickling down" if you are dependent on employment (that term is a leftist caricature of right wing economics btw), but alas, market forces are necessary, but not sufficient.

Not mine to respond to, but I will, nonetheless.

Market forces operate in an ideal environment with perfect competition and without collusion. There is no time in history when that case has existed. So we're starting from a flawed premise, but one with value: commercial products and services tend to improve when a variety of options is available to select. That case only occurs when the heavy hand of government is there, either in reality or standing-by at the very least. We've tried neutering that through massive deregulation and tax cuts which brought us to this point. Perhaps there was too much regulation in the past and too high taxation of the wealthy and corporations. Certainly, neither is the case today. Quite the opposite.

Market forces work in all kinds of scenarios (think of how expensive your current PC was compared to the one before that, and the one before that...and the one before that). The ideal, unreal conditions you described are what is required for them to function sans any regulation.