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by endominus 83 days ago
Just because a particular market is free doesn't mean it's useful to society at large.

If it's not useful to society, society has no moral reason to tolerate it. If it indeed benefits a few individuals massively while on net reducing utility to society, an argument can be made that society has a moral imperative to ban it. Hence the limitations on gambling, on alcohol and tobacco marketing/sales, etc.

1 comments

> Just because a particular market is free doesn't mean it's useful to society

Of course not.

> If it's not useful to society, society has no moral reason to tolerate it

Then it’s not a free market.