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This is the difference between analysis of markets as a concept and “believing in the free market” as an ideology. The latter uses markets as a stand in for mo
by wbsss4412 5y ago
This is the difference between analysis of markets as a concept and “believing in the free market” as an ideology.
The latter uses markets as a stand in for morality. When bad outcomes occur, it definitionally cannot be due to the market, but some other bad actors.