all posts in the 'Wisdom of markets' category


Creative destruction is not what the market does

Some people fear competition because they have an abhorrent hatred of the word ‘privatisation or ‘market’’. Others, more prosaically, believe that the education of our children is far too important to leave to mere mortals and in a perfect world, infinitely altruistic and patient fairies would dispense knowledge with a flutter of their gentle wings […]

Marx, but not as I know it

Natalie Bennett has discovered freecycle - a way of getting rid of stuff you don’t want and either can’t be bothered to sell it, or have a social conscious. Perhaps because of its social objective, she thinks it’s an endorsement of Marx:
I’ve always thought that the valuable bit of Marx is that simple but powerful […]