Re: No easy solution....

[vamsi@siliconcorp.com]

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    My message is embedded below.

prasad boddupalli wrote:

>     True, the american prosperity, COLLECTIVELY thrives on the free
> market
> forces. Emphasize collectively. Because it is not true that very
> american
> has plenty of avenues to make money. Even in the US the distribution is
> skewed, though not perceptible, thanks to the purchasing power of the
> dollar
> relative to other currencies. They sell boeings and import household
> items.
> To say that the availability of other channels to make money discourages
> the
> americans to evade the taxes is only partly true.

    Equal distribution of wealth has been the holy grail of many governments
in the past.  I am not advocating such an imposter!  What is important to any
man who is born free is the opportunity to create wealth.  If his own
Government stands in the way of this opportunity then he will find ways to go
around it as every free man should!!

>
>     Free market economy alone is not a panacea to all our problems. Not
> only
> to our country, it is not a solution to any country that bears
> resemblance
> to our economic model. Free market economy is one of the strands in the
> fabric of Liberalism. And it is the same liberalism that brewed
> discontent
> throughout Europe in the 17th century, culminating in an upheaval.
>     Free market economy will work wonders, when the distribution of
> wealth
> is more balanced. This is not to say that we should embrace the
> socialist
> model. We need to strike a perefect balance between the two. Greed with
> the
> realization of social responsibilities has the potential to be the
> engine of
> growth. But if greed remains greed, it can also play havoc by deeping
> the
> chasm between have's and have not's.

    In a free market system what is greed that "can also play havoc by
deepening the chasm between haves and have nots...."  I fail to follow your
logic here.  In a free market isn't the consumer the supreme beneficiary?  Is
it not his will that is honored in every boardroom of every corporation?

Sincerely,
Vamsi M.


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