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mcvlast Thursday at 8:20 PM4 repliesview on HN

> the supposed „free market“ country

Good scare quotes. The US hasn't been free market in the Adam Smith sense in ages, if ever.


Replies

andrekandreyesterday at 12:51 AM

well free markets meant something very different in adam smith's time; what they meant by free was 'free from rents' whereas today its usually mean in the milton freedman terms as 'free from any interference' which is how i interpret the parent poster...

https://en.wikipedia.org/wiki/Free_market#Classical_Economic...

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chabskayesterday at 1:52 PM

This Schroedinger's Freedom is getting tired now. They happily label themself as free-market democratic liberal progressive when you're justifying bombing a poor third-world country, but suddenly claim to be unfree undemocratic oligarchic whenever anyone asks them to act on that principle.

one33sevenyesterday at 6:48 AM

Adam Smith himself knew you had to constrain the market in ordner to protect capitalism from capitalists. His work didn't end with his first book.

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