17. Socialism for Conservatives, Free Markets for Socialists and the Tyranny of Property Rights

Today, free markets are championed as the foundation of capitalism, while socialists argue that free markets cause growing inequality and exploitation of the working classes, and thus need to be constrained by the state, or else abolished entirely.

But in the 19th century, it was socialists who touted the wonders of the market and decried state interference with free trade, which they blamed for causing the inequality and oppression of the working classes.

This is the introductory episode in a series aimed at “flushing the toilet of the left,” which will demonstrate that it’s the rules of unlimited property rights, backed by the state, that are the cause of inequality, exploitation, and lack of freedom, while the market is simply a form of democratic decision-making, which is entirely compatible with socialism and socialist ideals.

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