I mean, we took a socialized approach to the financial markets in the matter of Bear Stearns. Personally, I never much cared about markets, free or not free; I thought free markets were good because of the emergent behavior to which they gave rise. I do not consider emergent behavior to be an "invisible hand" that miraculously guides markets.
Market behavior emerges from the chaos of individual conscious economic beings...for Good or Bad. So when things get dicey, we diverge from total freedom. So we do the same for medicine. It is too late to use the term "socialized medicine" as some sort of shibboleth to separate free marketers from socialists. We are all in the same boat.
We have faced the myths we created of our sacrosanct "free markets", and we blew them away. Only the mentally inept could not face up to this now. Socialized, socialized,socialized......it's not too hard to say anymore.
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