Free markets in libertarian society
One interesting question comes up whenever anyone critically analyzes the Election of 2016, and the appeal of Donald J. Trump. That is: can we really have free markets by removing most or all regulations and changing the regulatory apparatus? In fact many who call themselves libertarians make the same complaint Marxists make – about Big Business and its special privileges and staying power. We saw that, for instance, in Big Business Day in 1980, and in a famous essay that appeared in Consumer Reports at about the same time. Leftists made the complaint that markets are not free because Big Business can buy legislative, executive, or judicial favor to shut out small competitors.
