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From: renner@uiucdcs.CS.UIUC.EDU
Newsgroups: net.politics.theory
Subject: Re: Politics and Ethics--Socialism,
Message-ID: <101500008@uiucdcs>
Date: Fri, 17-Jan-86 10:53:00 EST
Article-I.D.: uiucdcs.101500008
Posted: Fri Jan 17 10:53:00 1986
Date-Received: Tue, 21-Jan-86 19:45:17 EST
References: <486@whuts.UUCP>
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Nf-ID: #R:whuts.UUCP:486:uiucdcs:101500008:000:555
Nf-From: uiucdcs.CS.UIUC.EDU!renner    Jan 17 09:53:00 1986


>  If a few people control most of the income and the wealth and most
>  people control nothing then only the wants of the wealthy will be
>  measured by the market.  This is one of the worst flaws of laissez 
>  faire economics.
>                      -- tim sevener (orb@whuts)

If a few people control most of the income and wealth, then in practice
*any* political system will cater to the wants of these people.  This
is unavoidable.  A "free market" is no better and no worse than anything
else in this situation.

Scott Renner
ihnp4!uiucdcs!renner