13 ms·
> Free markets allow us to express our values at an individual level rather than having an authority deciding what to value. This is not correct. The authority
by goodpoint 5y ago
> Free markets allow us to express our values at an individual level rather than having an authority deciding what to value.
This is not correct. The authority is there, it's just less visible.
Market forces are extremely unequal: a small percentage of humanity, e.g. 0.1% influence 90% of the value of the housing market in all popular cities in developed countries.
- bennysomething 5y agoWhere is that figure from? What does influence mean in this context?