Mr Khan said:
Too much market freedom leads to the same thing that too much civil freedom leads to: tyranny of the minority who are blessed or unscrupulous (or both) enough to be able to monopolize power. Not all property being created equal, those who control the means of production manipulate those who have only their labor to offer, and can thus place them in perpetual bondage as surely as the fief-lords of old. Freedom and intervention need balancing. |
Nobody controls the means to production. Do you know many hundreds of thousands of processes go into making a cup of coffee, and the almost limitless alternatives for each of those processes?
