|
|
|
|
|
by pdonis
478 days ago
|
|
> It's the thumb on the scales that allows the free market to exist. This is an oxymoron. A free market is a market in which all transactions are voluntary. Government intervention, by definition, causes some transactions to be involuntary. So you can't have a free market with government's thumb on the scales. > Without it there's just men with guns, and men with more guns. Historically, this is simply false. There have been societies that did not have governments that could manipulate markets, and they did not work this way. In terms of guns, in such societies everyone had guns; there was no one who had overwhelming military force at their disposal. (They also had less wealth inequality than modern societies with governments.) |
|
Here is a list of transactions (https://en.wikipedia.org/wiki/Repugnant_market) we're making illegal next Tuesday. Note that after Tuesday, all market transactions are still voluntary. Therefore your claim is wrong. (In other words you're not considering positive and negative freedoms).
> In terms of guns, in such societies everyone had guns; there was no one who had overwhelming military force at their disposal.
Tell me about power laws.
I recommend Debt: The First 5,000 Years by David Graeber.