Romney's claim of a "free market" and running a "successful" business is is a LIE!

Dear friends,

The lie that Romney and his ilk make about believing in the so-called "free market" is totally exposed in his and others' practices. Please tell me. Where is the free market, when it comes to food being grown and distributed? Or housing to be built, then sold or rented? Or opinions to be made, or goods and services to be sold though the enticing ads of both the print and electronic media? Are there the same opportunities for everyone to develop and grow? 

The big banks decided back in the late 19th Century to allow businesses to depend on them for capital (called finance capital), rather than the latter getting their own capital (called industrial capital) by earning it. Actually, only the largest companies of certain industries were given the privilege of getting finance capital. It was a "neat trick", because it meant that no one smaller could compete with them, since they (big companies) did not have to worry about waiting for revenues to keep daily operations, buying new equipment, setting up subsidiaries, or providing paychecks for their workers. As a result, monopolies were formed that made sure that there was no "free market".

Yet, under the current capitalist model, the performance of the big companies, from time-to-time meet a dead end, because, at some point, the continuous seeking of profit in and of itself, with no concern for how the success of the business relates to progress of people in communities - aside from the latter’s consumption - and how people live, will, invariably, lead to the dilemma where the “market” must necessarily reach a “saturation point”, as it were, where there are either less or no customers (i.e., consumers), since there will come a time when people will not buy, if for no other reason than the fact that everyone has all of that particular items that they want. Hence, the constant wars in which, especially, the US, Britain, France, and Germany engage, so that they can establish new markets (i.e., new consumers).

In other words, you cannot have an infinite growth of the market, because there are only so many consumers who will want a product. Then what do you do? You have to change the values of society, so that the market reflects those values, instead of vice versa (which is where the US ad other big capitalist nations now stand). But that means giving up either power or wealth to maintain legitimacy. To be sure, the Romney family, and others like them. shun that idea.

G. Djata Bumpus