Yeah, the conclusions are obviously wrong, but it’s a good tool for explaining why the whole concept of free markets is absurd. Even if you somehow started with a free market, once wealth starts accumulating then the rich will start manipulating the market to their benefit.
My approach to talking with people about these things is to get them to see that a free market isn’t actually desirable in the first place. The necessary outcome of that is that the market has to be regulated necessitating central governance, which is the government. And then it’s a question of what class actually runs the government.
Yeah, the conclusions are obviously wrong, but it’s a good tool for explaining why the whole concept of free markets is absurd. Even if you somehow started with a free market, once wealth starts accumulating then the rich will start manipulating the market to their benefit.
My approach to talking with people about these things is to get them to see that a free market isn’t actually desirable in the first place. The necessary outcome of that is that the market has to be regulated necessitating central governance, which is the government. And then it’s a question of what class actually runs the government.