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marketism

On the inability of Free Markets to solve problems


The ideology, or perhaps the theology of neo-liberalism is partly based on the idea that 'markets', that is to say, the scope of human activity where trade of valuable goods and services occurs, reveals a fundamental truth or reality beyond that scope of immediate trade. One could say modern Capitalism, or Neo-Liberalism is essentially a form of 'Marketism', where market forces rule all, judge all and value all.

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