Tag: free market failure

November 4, 2008

Free markets fail

Duncan Cameron of rabble.ca discusses in this article how the free market has, and continues to, fail us. I copied the following: … price setting is not politically neutral after all. The market does not abolish power relationships: it facilitates the accumulation of market power in fewer and fewer corporate hands. The accumulation of economic power leads straight to the concentration of political power and […]