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Single Idea 18640

[filed under theme 25. Social Practice / A. Freedoms / 4. Free market ]

Full Idea

Not everyone who favours the free market is a libertarian, for they do not all share the libertarian view that the free market is inherently just.

Gist of Idea

Libertarians like the free market, but they also think that the free market is just

Source

Will Kymlicka (Contemporary Political Philosophy (1st edn) [1990], 4.1.a)

Book Ref

Kymlicka,Will: 'Contemporary Political Philosophy (1st edn)' [OUP 1992], p.95


A Reaction

Illuminating. It would appear that exploitation is possible within a strictly free market, so it seems unlikely that free markets are inherently just (unless you don't acknowledge that 'exploitation' is wrong).


The 10 ideas with the same theme [extent to which citizens can feely trade]:

Kant is the father of the notion of exploitation as an evil [Kant, by Berlin]
Communism abolishes private property and dissolves the powerful world market [Marx/Engels]
Hayek was a liberal, but mainly concerned with market freedom [Hayek, by Dunt]
Impeding the market is likely to lead to extensive state control [Hayek]
If people hold things legitimately, just distribution is simply the result of free exchanges [Nozick, by Kymlicka]
Libertarians like the free market, but they also think that the free market is just [Kymlicka]
I can buy any litre of water, but not every litre of water [Sorensen]
Market prices indicate shortages and gluts, and where the profits are to be made [Wolff,J]
No market is free of political bias, and markets need protection of their freedoms [Harari]
A 'free' society implies a free market, which always produces predatory capitalism and inequalities [Gopnik]