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shafyy 17 hours ago

To add to keiferski's excellent comments: There is no such thing a truly free market. Neoliberalism is just an excuse to not care about things that stand in the way of people making more money or gaining more power.

This wealth we have built was not built on a totally free market (whatever that means), but much more social form of capitalism. The countries where there is the least povery and highest standards of living are countries that have a big social welfare state, such as the Norics.

WalterBright 8 hours ago | parent [-]

> There is no such thing a truly free market.

Nothing human is perfect. However, history shows us that the more free market an economy is, the more prosperous it is. It doesn't have to be "truly free" to be effective.

In contrast, whenever socialism is tried and it fails, socialists describe it as "not true socialism". Since there is also no such thing as true socialism, the more "true" a socialism is, the more it fails.