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Full Idea
'Free societies', as a matter of practical fact, always mean free-market societies - and free markets will never sponsor more than predatory capitalism. Inequalities always emerge.
Gist of Idea
A 'free' society implies a free market, which always produces predatory capitalism and inequalities
Source
Adam Gopnik (A Thousand Small Sanities [2019], 3)
Book Ref
Gopnik,Adam: 'A Thousand Small Sanities' [riverrun 2019], p.149
A Reaction
This is part of his account of left-wing objections to liberalism. The crux of the liberal view is a conviction that the worst of capitalism can be restrained. This began to look doubtful once huge multinational companies emerged. What to do?
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| 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] |
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| 18640 | Libertarians like the free market, but they also think that the free market is just [Kymlicka] |
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| 20524 | Market prices indicate shortages and gluts, and where the profits are to be made [Wolff,J] |
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| 23134 | A 'free' society implies a free market, which always produces predatory capitalism and inequalities [Gopnik] |