I mean, the moral is that free markets are a fiction when primary accumulation is illegal.
I can’t simply claim a vacant property at the clearance rate. I need to bargain with a landlord at a cartel price. And thanks to public-private collusion, we routinely tax, trade, and subsidize properties at three entirely different figures.
Every economy is a command economy. The question you have to ask is who is in control.
I mean, the moral is that free markets are a fiction when primary accumulation is illegal.
I can’t simply claim a vacant property at the clearance rate. I need to bargain with a landlord at a cartel price. And thanks to public-private collusion, we routinely tax, trade, and subsidize properties at three entirely different figures.
Every economy is a command economy. The question you have to ask is who is in control.