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juliangregorian
3969 days ago
Markets are not wise by any stretch. No one agrees what a "free" market would look like, but in general they tend to favor incumbents and the powerful.
2 comments
dmichulke
3968 days ago
And they do so by influencing politics which in return need to abandon free markets to really favor the few.
So the problem is not necessarily one of free markets but alternatively, one of corruption.
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tomp
3969 days ago
That's what politicians do. Markets favor future money (i.e. profit).
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So the problem is not necessarily one of free markets but alternatively, one of corruption.