All economic theories have flaws. Some even have warts, missing front teeth, and body odor.
Among the worst theories, are the lame ones proposed by Libertarians under the general label, market.
Libertarians will use their personal versions of market theory as an apology for the excesses of capitalism. If they are engaged in discussion, sooner or later Marxism will be tossed into the discussion.
When we can't support a system, attacking another system destroys credibility.
And we don't see this in ourselves.
So, the market system of economic distribution is perfect compared to flawed human understanding of anything else.
That is the argument.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment