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Full Idea
There is no such thing as a market free of all political bias, …and markets by themselves offer no protection against fraud, theft and violence.
Gist of Idea
No market is free of political bias, and markets need protection of their freedoms
Source
Yuval Noah Harari (Sapiens: brief history of humankind [2014], 16 'Cult')
Book Ref
Harari,Yuval Noah: 'Sapiens: a brief history of Humankind' [Vintage 2014], p.367
A Reaction
Is this in theory, or in practice? In Sicily the free market has been a tool of the mafia.
7670 | Kant is the father of the notion of exploitation as an evil [Kant, by Berlin] |
5284 | Communism abolishes private property and dissolves the powerful world market [Marx/Engels] |
22599 | Hayek was a liberal, but mainly concerned with market freedom [Hayek, by Dunt] |
22600 | Impeding the market is likely to lead to extensive state control [Hayek] |
18641 | If people hold things legitimately, just distribution is simply the result of free exchanges [Nozick, by Kymlicka] |
18640 | Libertarians like the free market, but they also think that the free market is just [Kymlicka] |
9129 | I can buy any litre of water, but not every litre of water [Sorensen] |
20524 | Market prices indicate shortages and gluts, and where the profits are to be made [Wolff,J] |
20685 | No market is free of political bias, and markets need protection of their freedoms [Harari] |
23134 | A 'free' society implies a free market, which always produces predatory capitalism and inequalities [Gopnik] |