more from Adam Gopnik

Single Idea 23134

[catalogued under 25. Social Practice / A. Freedoms / 4. Free market]

Full Idea

'Free societies', as a matter of practical fact, always mean free-market societies - and free markets will never sponsor more than predatory capitalism. Inequalities always emerge.

Gist of Idea

A 'free' society implies a free market, which always produces predatory capitalism and inequalities

Source

Adam Gopnik (A Thousand Small Sanities [2019], 3)

Book Reference

Gopnik,Adam: 'A Thousand Small Sanities' [riverrun 2019], p.149


A Reaction

This is part of his account of left-wing objections to liberalism. The crux of the liberal view is a conviction that the worst of capitalism can be restrained. This began to look doubtful once huge multinational companies emerged. What to do?