Description
Advocates of Freed Markets Should Embrace “Anti-Capitalism”
I. Introduction
Defenders of freed markets have good reason to identify their position as a species of “anti-capitalism.”[1] To explain why, I distinguish three potential meanings of “capitalism” before suggesting that people committed to freed markets should oppose capitalism in my second and third senses. Then, I offer some reasons for using “capitalism” as a label for some of the social arrangements to which freed-market advocates should object.