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!

Comments

Popular posts from this blog

Libertarians, My Libertarians!

"Machine Learning"

"Pre-Galilean" Foolishness