A functioning free market, or at least the best approximation that we can have in practice, requires state intervention.
I think this is a crucial point that is too often overlooked.
Many people think that "free market" means no intervention. While this might be the theoretical definitions, in practice that does not work and the system degenerates.
If a good approximation of a functioning free market can be achieved then it is indeed the best option we have.
I think this is a crucial point that is too often overlooked.
Many people think that "free market" means no intervention. While this might be the theoretical definitions, in practice that does not work and the system degenerates.
If a good approximation of a functioning free market can be achieved then it is indeed the best option we have.