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From: berman@psuvax1.UUCP (Piotr Berman)
Newsgroups: net.politics.theory
Subject: Re: Politics and Ethics--Socialism,
Message-ID: <1973@psuvax1.UUCP>
Date: Wed, 22-Jan-86 09:56:51 EST
Article-I.D.: psuvax1.1973
Posted: Wed Jan 22 09:56:51 1986
Date-Received: Fri, 24-Jan-86 22:42:46 EST
References: <486@whuts.UUCP> <101500008@uiucdcs>
Organization: Pennsylvania State Univ.
Lines: 18

>
> >  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

There is still a difference between a system in which wealth means a lot
and a system in which wealth means everything.

Piotr Berman