There is no free market without appropriate regulation; criminal law for starters, obviously.Mr. Perfect wrote:Free market. But it's not that magic.noddy wrote:any system left neglected for a long period of time will end up the same way - im not particularly convinced their is some magic arrangement which changes things.
An interesting grey area is the concept of theft. Shoplifting is easy to identify because you steal somebody else's property.
A popular candy is enforced equal opportunity, as opposed to enforced equal outcome. Everybody wants equal opportunity, and most will understand that enforced equal outcome leads to disasters. (Some socialists are still daydreaming about equal outcomes but once in power they always self-destruct which is a tragic silver lining)
I find the concept of equal opportunity absurd too however. It doesn't exist. It is because equal outcomes will never exist, that equal opportunities will never exist either because outcomes set the table for what will be the new opportunities and probabilities. Opportunity will never be equally distributed.
A toy thought: as there is creation of opportunity in a free market, there will also always be theft of opportunity.