The author of the blog Opus Publicum notices
Let us not forget the irony embedded in free-market apologetics against third-way proposals like Distributism. Such folks often — perhaps invariably — decry the existence of “crony capitalism,” i.e. the marriage of state and commercial interests, and yet repeatedly point to the capitalist system as it exists today as a “proof” for their claims that “unfettered markets” work better than alternative schemas. However, if these free markets have never existed, how can the “unfree market” assist economic liberals in illustrating their points? What the liberals often want their audiences to believe is that if a semi-free market is able to deliver X results, then an even freeer market will deliver X + 1 (or better) results. That doesn’t follow, at least not until one is able to demonstrate that apparent lack of freedom in the market was retarding gains rather than serving as a necessary (though not sufficient) cause of those gains.
Filed under: Uncategorized |