Good in Theory: A Political Philosophy Podcast cover image

20 - Do Free Markets Make Free Humans? Interview with Jeffrey Bercuson

Good in Theory: A Political Philosophy Podcast

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Are Markets Really the Most Efficient?

Markets good until, or sorry, markets bad until you realize you can use them to get out of feudalism. Markets also go when you compare it to the state of less a fair or market commercial society today. We can say maybe markets are indeed the most efficient. I mean, the evidence speaks for itself. They make a lot of billionaires. There is no better way to make a lots of money but the question relates to distribution. And so we're looking for an answer of how to reduce inequality.

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