Tuesday 22 September 2015

Free markets, as a dumbed-down fairytale

Martin Shkreli
Martin Shkreli in his new office  Photo: Universal News & Sport (Europe)
Once upon a time in the early 20th century, we, as a people, became inflamed by the gospel of the free markets. This lasted until such times as we fell into utter ruin and cried no more! We have nothing to fear but fear itself and no house of commerce shall be too big! Then we legislated the hell out of the markets to make sure it never happened again. 

There was some civil rights and union stuff too, you know, interesting things if you give a shit about people, but as it turns out, completely irrelevant to the story. So carrying on.

Once upon a time in the late 20th century, we, as a people, became inflamed by the gospel of the free markets...

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