Free market economics

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Big Pharma: free market economics run amok Mike Adams, the Health Ranger See article keywords and concepts

REPPED: From a very early age, I was taught the theories of free market economics. As Americans, most of us are taught the same: that the free market is the best system in the world; that it produces more goods and services for consumers; that it raises the standard of living; that it works better than centrally-planned economies, and so on. And for decades, I believed it all. But as I've realized today, some of these economic truths are falsehoods. In the real world, free market economics doesn't pan out as promised.

Here's why: The classical theories of free market economics say that entrepreneurs will turn greed into solutions. Out of a desire to get rich, they will invent new ways to produce more goods and services. They'll devise new manufacturing and logistical solutions that reduce costs and speed delivery to consumers. And they'll keep costs low through competition. Through supply and demand of finished goods or services, resources (money) will then flow to those entrepreneurs who do the best job of delivering those goods and services to consumers.

That counts as wealth under the rules of classic free market economics. And yet nobody really benefits. In fact, it's all really an economic loss. To understand why, let's take a look at Grandpa Joe. Joe is an investor in the pharmaceutical industry. He thinks he's "making money" as his stock valuations go up. But Joe is also on four different prescription drugs himself. He pays over $600 / month just for his drugs, and his health insurance is now up to $900 / month. Joe is both a consumer and an investor in the drug racket.

And this realization has shattered my former belief in free market economics. What I've realized is that when there is sufficient market domination by any industry to the point where government regulators and the popular press is bought off, the traditional checks and balances of the free market are thrown out the window. Now, I'm not dismissing the entire system of free market thinking. I still strongly believe that centrally-planned national economies are a disaster (just look at Cuba or Russia).

And so the classical theories of free market economics we've all been taught are ideal in theory. In the world of academic books and mathematical models, all consumers benefit from the greed of private industry. But in the real world, people die broke and sick. The power of the free market doesn't stand up to the reality of collusion between private industry and government. And in the end, it's all just another giant scam to extract time, money and effort from working class people everywhere. In other words, business as usual.

October is Breast Cancer Propaganda Month: Pinkwashing, Breast Cancer Action and Vitamin D Mike Adams, the Health Ranger See article keywords and concepts

In our current system of free market economics, only the strong, dominant corporations survive. And that requires maximizing revenues and creating new opportunities to sell more drugs to more people, regardless of the real cost in human suffering or environmental destruction. Many of the cancer non-profits have become little more than front groups for the corporations that make money off of cancer. They act as commercial cheerleading squads, pumping up the crowd to go get screened and hopefully get diagnosed with cancer so they'll end up buying high-profit chemotherapy drugs.

28 Senators vote to maintain Big Pharma monopoly over U.S. consumers; Republicans oppose free trade for medicine Mike Adams, the Health Ranger See article keywords and concepts

But why would 28 Republican Senators vote against breaking a marketplace monopoly and encouraging the use of free market economics to save American consumers billions of dollars? The answer isn't complicated: Because nearly all of them have taken money from pharmaceutical companies!

The New Holistic Health Handbook: Living Well in a New Age Berkeley Holistic Health Center and Shepherd Bliss See book keywords and concepts

As "informed consumers," corporations have the ability to interject free market economics into the health care system. Corporations are already involved in some innovative insurance plans which promote more appropriate individual utilization of health services. Hospital utilization review boards, regional health planning, negotiated rate setting, employee assistance programs and business coalitions are additional examples of corporate involvement.

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ABOUT THE CREATOR OF NATURALPEDIA: Mike Adams, the creator of this NaturalNews Naturalpedia, is the editor of NaturalNews.com, the internet's top natural health news site, creator of the Honest Food Guide (www.HonestFoodGuide.org), a free downloadable consumer food guide based on natural health principles, author of Grocery Warning, The 7 Laws of Nutrition, Natural Health Solutions, and many other books available at www.TruthPublishing.com, creator of the earth-friendly EcoLEDs company (www.EcoLEDs.com) that manufactures energy-efficient LED lighting products, founder of Arial Software (www.ArialSoftware.com), a permission e-mail technology company, creator of the CounterThink Cartoon series (www.NaturalNews.com/index-cartoons.html) and author of over 1,500 articles, interviews, special reports and reference guides available at www.NaturalNews.com. Adams' personal philosophy and health statistics are available at www.HealthRanger.org.