Banker bashing, simplistic Labour and a self regulating marekt.

There is an argument to be held that the market may be a self-regulating mechanism, capable of bringing peace to a society that seems otherwise to be tearing itself apart in religious and political conflicts.

And the argument goes that those who stand up for religious and political principles turn out to be the divisive forces, while the seemingly lawless participants in the market place bring about a kind of civil harmony, based on the satisfaction of fundamental economic needs and natural human desires. Of course all the  faults of an unregulated marketplace, should be exposed but also the would be regulators should be exposed to a withering critique. 

For there are self-interested motives in those  wanting to regulate and more importantly their sheer incompetence should be laid bare. Historicially, the market originating with  the apparent forces of disorder, triumph at the end and frustrate the efforts of those who try to impose order on their economic activities.

As grave as our doubts may be about an unregulated market may be, history may point to the regulated market being a good deal worse, if only because the regulators are no better than the regulated. For all its faults, the market, answers to deep-seated needs in human nature and ultimately seems to recognize the value of the freedom it offers, as well as the fact that freedom is compatible with its own kind of order.  So there!


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