Word: marketeers
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...Alan Greenspan argued that institutions deemed “too big to fail” operate under an implicit subsidy from the government, since they would likely be rescued in a future financial emergency. This allows these banks to borrow more cheaply than their competitors and gain even greater market share. Today, four conglomerate banks (JPMorgan, Citigroup, Wells Fargo, and Bank of America) hold 39 percent of all domestic deposits. Placing this many eggs in four baskets will harm the entire economy should one mega-bank falter in a future downturn...
...Already, utilities, retailers, hamburger joints and others are scrambling to prepare for the swarm of electric and hybrid vehicles, and several are market-testing on-site charging stations. The auto industry is doing its part, not only producing a burst of innovative vehicles, but also attacking some of the nitty-gritty issues, like the size of the plug...
General Kim, who was detained for a year and a half before fleeing, argued that the state intercepts a large portion of foreign aid intended for private recipients. As a result, countries providing aid are inhibiting the emergence of government-independent market activity...
...North Korean state closed the nation’s largest non-governmental market hub — Pyongsong, on the outskirts of Pyongyang — in June of this year, and in January, it placed broad restrictions of the operation of such marketplaces...
...recent BBC global poll found widespread dissatisfaction with free-market capitalism, with only 11% of those questioned across 27 countries saying that it is working well. Perhaps not surprisingly, France led the world with 43% who say capitalism is "fatally flawed." Le Monde, meanwhile, reported on Saturday that the economic crisis has revived support for decroissance, a leftist, ecologically driven philosophy that questions the belief in economic growth as a public good...