The Invisible Hand?
My latest review assignment is The Invisible Hand? by Bas van Bavel. Here is the main thesis:
"the rise and dominance of markets for land, labour, and capital are self-undermining, as... feedback mechanisms results in welfare declining again and markets losing their quality in facilitating successful and rapid exchange, with a relative or even absolute downfall of the market economy in question." (pg. 2)
Market-dominated societies have arisen before, and they always self-destruct, and in the same way, and for the same reason: they are fundamentally anti-human.
So let's try it again!
"the rise and dominance of markets for land, labour, and capital are self-undermining, as... feedback mechanisms results in welfare declining again and markets losing their quality in facilitating successful and rapid exchange, with a relative or even absolute downfall of the market economy in question." (pg. 2)
Market-dominated societies have arisen before, and they always self-destruct, and in the same way, and for the same reason: they are fundamentally anti-human.
So let's try it again!
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