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3min chapter
Money, Coercion, and Government Policy with Noam Chomsky (WiM127)
The "What is Money?" Show
The Free Market Is Not Democracy
In a free market, everyone has a vote and the vote depends on your wealth. That's what's called a free market have nothing like democracy. The system as it works is basically public subsidy, private profit. Free trade agreements are radically anti free trade. And they ad o monopoly, monopoly pricing rights and monopoly control. that's what we call the free market. S just one last fallowing question. Isn't the successful ancpenerto accountable to the wishes of consumers to become wealthy? Take successful antrepiners, like the madeirna billionaires, or like bill gates. I think he would tell you what happened.
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