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Markets are open, gray, black, or closed. There are no "free markets". "Free markets" rhetoric is a catchy slogan for might makes right. No contracts, no rule
by specialist 5y ago
Markets are open, gray, black, or closed. There are no "free markets".
"Free markets" rhetoric is a catchy slogan for might makes right. No contracts, no rule of law, no fair and impartial arbitrators, no opportunity for recourse (tort). So not a market.