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points by win311fwg 1 day ago | 0 comments
You are mixing up different ideas again. It is true that anarchy is necessary for a free market. The way we understand how to take us away from anarchy is to place restrictions on possible markets! But anarchy can also exist without a free market. Anarchy isn't another point on the so-called continuum. Like socialism, it is looking at something else entirely.

A "free market" where the market isn't free doesn't make sense linguistically or within what "free market" is defined as. Of course a situation where some submarkets are unconstrained and others restricted can exist — not only can, that's how we already live — but when that occurs we call it a mixed economy. Our current world exists under a mixed economy.

I suspect your confusion stems from trying to apply the ideas of free market, which refers to a broad market economy, onto only the submarkets that are unconstrained. If you could magically ignore all the restricted markets then your logic would be reasonable, but in the real world we cannot ignore the rest of the world around us. It exists whether you like it or not. Unfortunately there is no generally accepted term for this, which is no doubt why you've wanted to use "free market" to fill the void, despite it already having a different meaning, but "unregulated market" is the one I have seen used most often in that context. You might consider using that going forward. I expect most will understand what you are trying to say without confusing them into thinking you are talking about free market in the proper sense and will allow you to converse with those who already made it clear that they were talking about free market in the proper sense.

[–] WalterBright 1 day ago
> It is true that anarchy is necessary for a free market

No, it isn't.

Again, look up the definition of it rather than make up your own. Here's one from wikipedia:

"In economics, a free market is an economic system in which the prices of goods and services are determined by supply and demand expressed by sellers and buyers."

It still requires a government to keep people from stealing, defrauding, and murdering each other.

[–] win311fwg 1 day ago
> It still requires a government to keep people from stealing, defrauding, and murdering each other.

Under a free market one voluntarily buys protection, negotiates with relevant parties how arbitration is to be conducted, and so on. These are all part of the market just the same. A "free market" that isn't free continues, despite your insistence, to be nonsensical.

When was the last time you made an offer to your police force? Under your free market definition it is necessary for you to express your demand position, else supply and demand cannot be determined. Yet, I suspect your answer is never. There isn't a free market for you to express that in. It is not something you have to think about as the single desk has already sorted it for you.

What you are thinking of, again, is a mixed economy, where the government has taken control and regulates some submarkets. That is how our world functions. A market having unconstrained submarkets that see prices determined by supply and demand isn't the same as a free market. What to call the submarkets within a mixed economy that are based on supply and demand isn't generally accepted as there isn't usually much reason to need to talk about it, but I posit "unregulated market" remains the leading contender for what shows up most often when one is trying to single it out. "free market" is a non-starter as it already means something else in the same context, as seen in the very definition you gave us.

You are, of course, revealing one of the reasons why we've never seen a free market. The concept is full of unresolved problems that make the whole thing untenable in practice. I think we can agree it is almost certain that people wouldn't be able to handle themselves if there wasn't a government automatically providing those things for them. But that's the nature of a thought experiment—It doesn't have to be realistic.