The idea that markets are 'neutral' is a myth. Governments create markets, governments create the conditions for markets to be created, governments decide to what extent a market is regulated, governments decide to what extent they will subsidise a market, governments control interest rates and money supply to manipulate markets. Markets in turn affect employment, inflation, pensions, currency valuations and so on. Theoretically if a market existed in a complete social and political vacuum, then it would indeed be 'netural'. But as it is, no market is politically neutral in pratice.
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Date: 2007-Sep-21, Friday 01:27 (UTC)