Freedom vs. Markets
Silly title, eh? Yea, well Radley Balko ought to take note. That's what his tome on Corporations vs. Markets might as well be titled. There's a difference, of course, though opponents of both fail to recognize it. Free markets, peaceful commerce and capitalism consist of voluntary, mutually beneficial exchange. They create wealth. They enable people to live, to live better, and to live more comfortably. And corporations don't "consist of voluntary, mutually beneficial exchange"? Corporations don't "create wealth"? Corporations don't "enable people to live, to live better, and to live more comfortably"? Those seem like pretty essential things to me, and they generally apply to corporations just as well. Corporations, on the other hand, are government-created entities that act in their own interest. As such, they often use government to better their advantage, most always to the detriment of free enterprise. When I defend markets and the machinery of markets, I'm not defending corporations. Corporations "act in their own interest"? You mean, they don't act in the interest of their stockholders, i.e., their owners? And who is "they"? Who is acting, the corporation, or its employees, officers, and directors who are put in pace by the owners? The essential defining...
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