Tahuti
Writing Deity
- Joined
- Nov 17, 2005
- Messages
- 9,492
All well and good when you have national monopolies in small nations competing in a large international market. That doesn't change the reality though. A free market will inherently concentrate itself out of existence unless some sort of monopoly prevention is applied.
The 17th century economic order wasn't exactly a free market dystopia. Governments still managed to max out competitiveness internationally while rooting out competition that could hurt that international competitiveness. Markets were protected very effectively from self-destructive tendencies while retaining the fundamental dynamism that make market economies advantageous.