Full Idea
Free markets inevitably lead to unemployment and ruined businesses, when the capitalist market is punctuated by a 'trade cycle' of boom and bust. .. There are speculating, swindling middlemen. ...and the nature of work is degrading and alienated.
Gist of Idea
Free markets lead to boom and bust, pointless middlemen, and alienated workers
Source
Friedrich Engels (Speeches in Elberfeld [1849]), quoted by Jonathan Wolff - An Introduction to Political Philosophy (Rev) 5 'Arguments'
Book Reference
Wolff,Jonathan: 'An Introduction to Political Philosophy (Rev)' [OUP 2006], p.148
A Reaction
[compression of Wolff's summary] Wolff observes that middlemen are heroes to lovers of the market. The idea of alienation seems to be that everyone should be in charge of their own work. That may approach anarchy.