The Importance of Capital Markets

In a fully social society, one that went beyond what's already been achieved by places like Denmark, Norway, Sweden, Finland, and actually extended social progress to changing the economic foundations of the society. I think ultimately you would not have capital markets because that very process that you describe it is exactly how you end up with a society that's divided between a class of workers who don't own their own means of production,. And a class of people who own and who very often, depending on what kind of business we're talking about, live off of the sweat of others. The kind of arbitrary authority I'm most concerned with is authority that is not attached to some form of democratic accountability to the

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