Saturday, 23 July 2011

Could the free market lead to socialism?

It is counter-intuitive, for most people, but Kevin Carson over at the Center for a Stateless Society argues that an unfettered free market will lead to socialism.

The piece has something for everyone: people who dislike capitalism, people who like free markets, people who like socialism and perhaps most importantly Star Trek fans.

As a non-economist, I have no idea how good the theory is but practically given the way our economy and political world is constructed it is a long way off. Then again, the adventures of Captain Kirk and crew are in the distant future.
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