As an aside, idealistic free market is impossible to achieve without regulation. At the very least, contracts need to be enforced. Free market also demands price forming to happen through bids on the market, needing protection from extra-market negotiations. As an elastic system, it can also be broken by a concerted application of force and needs protection from such actions.
Whatever is being sold as free market sounds like a myth at best.
PS: Coop corporations should really become the norm. Trickle up systems create concentrations of power by design, and concentration of power is how you stretch elastic system beyond its deformation limits.
Market socialism with an emphasis on genuine co-ops. It’s not hard, it works, and you don’t necessarily build an immutable heirarchy.
As an aside, idealistic free market is impossible to achieve without regulation. At the very least, contracts need to be enforced. Free market also demands price forming to happen through bids on the market, needing protection from extra-market negotiations. As an elastic system, it can also be broken by a concerted application of force and needs protection from such actions.
Whatever is being sold as free market sounds like a myth at best.
PS: Coop corporations should really become the norm. Trickle up systems create concentrations of power by design, and concentration of power is how you stretch elastic system beyond its deformation limits.
The market will just force coops to behave like capitalist companies again…
Also:
But without checks and balances then we could end up with corrupt plutocrats like the Soviets had.
The heart of Marxism is spreading power out as much as possible by giving the working class control over our resources and economy.