free market capitalism

As Con has forfeited, I would like to argue my points in attempt to convince the floor why free market capitalism cannot work within a socialist mindset, by looking at the fundamentals of a free market economy and a socialist mentality. "Where buyers and sellers can make the deals they wish to make without any interference, except by the forces of demand and supply. A stock market comes closest to this ideal. See also market economy and open market."[1] With a free market economy, money is generated by anyone who purchases the product, because the focus is on the buyer. The focus of a free market economy is specifically, the fulfillment of the needs of the buyer, in order to generate profit. Efficiently and quickly. This is the reason we have advertisement, to create a need within a possible buyer as quick as possible. So the need to cut rules and regulations are for this exact reason. The need for a market in which people themselves regulate it is so that it works in the interests of the buyers. If you have a system in which the market in which the prices are controlled by Government, the business does not have as much flexibility in terms of spending. No matter how much demand increases, a business will not generate as much money as if prices are controlled by the demand. If supply is low, and value increases, but regulation forces a business to not gain as much from it as possible, again there is more monetary loss. Regulation doesn't benefit the business, because a business, as I have established, is reliant on its buyers. Multi-business conglomerates and monopolies may not be morally wrong in the sense of some, but they base their needs of buyers. De Beers, what is effectively a monopoly in the diamond market has manipulated supply and demand to the point that diamonds sell for a lot more than they need to, yet more money is being brought into the monopoly. Which is making workers, shareholders and investors all richer. Now, I will extend my previous argument with the same quote from the Democratic Socialist Party "We are socialists because we reject an international economic order sustained by private profit."[2] Now, the basis of socialism is the lack of private profit. Having read Karl Marx's Communist Manifesto first hand, I can assure you that. The aim is for the Government to own private property to reduce greed and the wide social hierarchy, that is essentially the essence. In terms of businesses, the socialist mentality conflicts the idea of businesses. If a business is to supply the need of a buyer, whilst still maintaining profit, then a mentality which believes not in the gain of private profit doesn't make sense. In a business sense, the buyer gains his desired product and the business gains money. If you have a socialist mentality which rejects a state run against private profit, then the whole idea of a business will be sour to you. You want the money to be placed in the hands of the Government, or stay in the hands of the Government to support the population. Having this mentality, you want the money fed not as much into the business. And there are two main ways to do this. Tax and regulation. And none of these are good for the idea of businesses. Corporate tax is simple to explain the reason why it doesn't work. It reduces the amount of money a business has. If a business has more money, it can buy/produce more goods to sell and fulfill the needs of more people, benefiting everyone. Less money, it does the opposite. Corporate tax doesn't just affect a business, but its workers, shareholders, investors and more importantly, buyers, because in order to keep a level of profit, prices need to go up. The less corporate tax, generally the cheaper things are. As for regulation, I have explained above, it has a similar effect. A socialist mentality for a free market will be negative for businesses. In the end, the only person benefiting is the Government. Greed is a large issue, but I will tackle that next round. Thank you for reading all of this. [1] http://economics.about.com... [2] http://www.dsausa.org...