(FB 1547131714 Timestamp)
QUESTIONS: FREE MARKET VS RECIPROCAL CAPITALISM
by âNoah 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.
1. How would you describe the differences between Reciprocal Capitalism as proposed under a propertarianism model and Free Market Capitalism as promoted by libertarians?
What problems does Reciprocal Capitalism solve (vs Free Markets)?
What are the libertarians missing?
How could Reciprocal Capitalism help solve some of the moderate lefts concerns about markets?
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).