re: #37 wheat-dogghazi-mailgate

Exactly. Adam “Free hand” Smith, as the ladies called him (sarc), understood a completely free market would lead to abuses, given human nature. So, he was against monopolies and cartels, and for government regulation to prevent abuse.

Free marketeers forget those tiny details.

Free marketers forget that the ‘free market’ is entirely a creation of human beings. There is no such thing as a free market in nature. It is society, through the instrumentation of government that creates the market, decides what it can and cannot do.

What ‘free marketers’ want is the law of the jungle under the misapprehension that they’ll be the top predators. They’re usually kidding themselves.