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by riku_iki 1011 days ago
market is yes fundamental natural law of universe, and no matter how you try to trick it through political laws it will bite back in the end.
1 comments

You’ve highlighted my point about the dumbing down of political economic debate. There’s very literal difference between “market is fundamental natural law of the universe” and any other belief that’s grounded purely in ideology. They have a role to play in resource allocation, yes, but the idea that resources are allocated optimally through blind belief is a poor substitute for critical thought about how they are and can be harnessed, and what effect that has on the real world. One that exists outside of a bunch of bits in a database. It also allows the folks who do have influence over the laws that govern markets the ability to lean on the scales to their own favour