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The market should absolutely be looking after the collective interest. That’s what the we the collective created the market for in the first place!
by erlend_sh 4y ago
The market should absolutely be looking after the collective interest. That’s what the we the collective created the market for in the first place!
- DubiousPusher 4y agoThe market will follow its inceotives. You shape those incentives with laws. If you want a market that allows people to take risks, you do that by inventing the limit liability corporation not by telling people to be nice and to not pursue their debts unto their debtors' personal property. If you want a market that discourages monopoly you do that by regulating combination not by writing articles about how "good businessmen" don't act anticompetitively.
- ip26 4y agoThat requires you to view the free market as a tool to be wielded rather than a gospel to be followed.