> And real markets aren’t egalitarian, see the bailouts
A market as heavily regulated, subsidized, and insured by the government as banking is hardly a central example of a "real market".
That being said, I'm not even sure what people mean by "egalitarian" in this context, and so I don't know whether the term should be applied to markets or not.
A market as heavily regulated, subsidized, and insured by the government as banking is hardly a central example of a "real market".
That being said, I'm not even sure what people mean by "egalitarian" in this context, and so I don't know whether the term should be applied to markets or not.