3 ms·
That actually does not satisfy free market. Free market is freedom from coercion. When you have monopolies you're not free to participate in the labour market.
by bravo22 6y ago
That actually does not satisfy free market. Free market is freedom from coercion. When you have monopolies you're not free to participate in the labour market.
Freidman and Hayek both emphasize this point in their works.