Markets Are Amoral
Markets are tools, with as much morality in them as hammers. Hammers can build, hammers can kill: so can markets. Libertarians pretend markets and the transactions within them are always moral, but they are not.
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- "We simply need to recognize that markets have no implicit moral authority."
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- "The classically oblivious treatment of racism as an inefficiency that will be eroded in markets by the pursuit of profits has failed to produce results."
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