Aug 25, 2024
Indeed Adrian. But recall when Adam Smith spoke of "free markets", he meant free from the rentier class. Plus, under the neofeudal economics of the last several decades markets were just a smokescreen for oligarchic and monopolistic forces. As Michael Harrington observed, "in American we have socialism for the rich and free enterprise for the poor. Note: https://medium.com/p/f878e833da2d