(FB 1547131714 Timestamp)
QUESTIONS: FREE MARKET VS RECIPROCAL CAPITALISM
by â??Noah J Revoyâ??
Let’s compare the trope “Free Markets” of Free Market Capitalism with “Reciprocal Markets”, of Reciprocal Market Capitalism.
Or stated differently, lets compare the IDEAL good of free markets regardless of externality – particularly knowledge, fixed, cultural, and genetic capital, with the MEASURED good of reciprocal markets under rule of law that prohibits the consumption privatization, or destruction, of such precious capital.
QUESTIONS:
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How would you describe the differences between Reciprocal Capitalism as proposed under a propertarianism model and Free Market Capitalism as promoted by libertarians?
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What problems does Reciprocal Capitalism solve (vs Free Markets)?
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What are the libertarians missing?
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How could Reciprocal Capitalism help solve some of the moderate lefts concerns about markets?
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Both the left and the right have problems with the current “Free Market Capitalism” as practiced in the west. (Free market is a poor descriptor as its not truly free and often not even a real set of markets).