Free Market

The most important dogma of the market-fundamentalists is calling the market a free market. There is no “obligation” in your choice of clients or suppliers, nor are there fixed prices so the market is “free”.

The market in itself is rather free, that is correct, but the door to this market is secured with barbed wire and heavily guarded. Every entrepreneur has to comply with an encyclopaedia of rules; all ordained by institutions whose names have been abbreviated to three or four letter acronyms. And when you’re business is food, then it really gets complicated. When you have a croissantery, make sure the space in front of the oven doesn’t exceed 19 degrees centigrade. That will cost you a fortune in air-conditioning. Only affordable for big chains that can’t wait to take over your business after you were forced into closure. The mill in Maassluis turns, but doesn’t mill, the stones didn’t pass the last test. They still work fine, but the miller is fed up. I’d better stop complaining because you could fill a book with the phenomenon of over-regulation.

Consider this dogma:

The Free market system is the best. When you
free something, it works automatically in the best
possible way.

The beauty of the notion “Free Market” is that you can let go of the “Mother of all markets”. The introduction of an alternative money system is nothing more than a competitor to the Capitalist system. A taste of its own medicine.

The Free Market is only really Free when other
market systems are welcome on the “Mother of all
markets”, so that suppliers, traders,
manufacturers and consumers can choose for the
best, the most suitable, alternative.

We will see whether providers of financial services, such as banks and insurers want to make use of this available space.

When banks and insurers don’t jump to this opportunity, users of colourcash will fill the gaps with their own services.

And it’s the same for other professions, services and products. It’s up to the individual to choose for the most suitable system. I don’t mean to force colourcash as only and best system. Let’s use it as a complimentary system for the Euro system for now.

When a government prohibits colourcash, it limits “Free Market” to the Capitalist system, and acts against her own principles.