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by redial
3194 days ago
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I agree with everything you said, economically you are right, markets are the economy and you can't have a market with only one actor. But a market can turn unhealthy, at least from the point of view of a democracy. Many profit from its ever growing influence and usually the political class is not strong enough to counter its push. |
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And then when the political class is strong enough to counter it, it inevitably turns to tyranny because it enriches the political class in the short term.