The Market | Non-Coercive

1 year ago

#economics #freedom #market

The market, non-coercive that is, is the social system of division of labor. The coercive market is anti-social. There may be division of labor depending on when the coercion began, but progress cannot happen. Progress means individuals are acting with their own property. Every action taken with private property aims at the satisfaction of other people’s needs. As the late great Walter Williams used to say: we can think of money as tickets for serving your fellow man. Yes, I know, some get their money through coercive means.

On the non-coercive market, every individual is an ends and means. An ultimate ends for oneself and a means for other individuals to get what they want. This is guided by the non-coercive market. The market is just a process: not a thing, place, collective entity, or location. The non-coercive market, everyone is free and no one is subject to violence by another, including the social apparatus of coercion. In this way, everyone cooperates with everyone, excluding a few.

Read More: https://mrdevinney.com/the-market/

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