"...Yeah, that is why it kills me when free market ideologues talk about the perfection of the "invisible hand" of the marketplace and the rationality of consumers and investors. Wall Street rational my a--. Ever heard of marketing and "analysis"?--hype that attempts to get our lizard brains doing lizard things. Captialism has its place, but the completely, unfettered libertarian variety is as much a religion based on faith as anything coming out of Rome, Mecca, or Jerusalem."
AMEN!
I'm trying to understand the point, here. Do you mean that because a company tries to analyze the market place and hype demand is proof that "invisible hand" free market doesn't exist? Or is that Wall Street controls the market place?
It seems to me that both forces actually prove the free market model. If a company fails to create enough market hype, it's product fails. Enough failures, they're out of business. Wall Street puts its money where it thinks there is - or will be - success.
There is no central agency (ie: government) directing the market saying "this company will create cell phones" or "that company will create media players" regardless of what the market calls for.
Is that you think Wall Street is the central agency? It is called the stock "market" after all.



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