3min chapter

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Episode 77: Real Theory Hours 4 - Liberalism End Game

The Deprogram

CHAPTER

The Importance of the Game Rules of the Market

The game rules of the market are protected by the state, which pretends to be above all society as a neutral mediator between completely legally equal partners. Without these guarantees of rights to personal safety and property ownership, exchange couldn't take place. And then commodity production, which is the kernel of capitalism would grind to halt. So what this means is that the power that guarantees security for those capitalists engaging in commodity product must be a quote unquote public power independent of any one particular capitalist. This doesn't exist with previous systems where a group first class can kind of dominate.

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