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Post a Comment On: Understanding Society

"Social democracy, unbridled capitalism, and right-wing populism"

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Blogger Unknown said...

Perhaps 2a and 2b are not all that different, provided some agreement on what makes a market "fair" and "without coercion." It would seem that current interpretations do not see, for example, the power imbalance between a large corporate employer and a single potential employee as any sort of coercion, even though to my simple perception it certainly is. To address this (2bc), the system of law and regulation would need to limit the corporate power, add to employee power (possibly through collective bargaining), or both.

Similarly, I might argue that a difference between 2ab and 2bb is illusory - without basic needs being satisfied (2ab), there is no fair market without coercion.

December 5, 2020 at 10:05 AM

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