The long read: In the 1980s, South African libertarians set up a deregulated zone that they sold to the world as ‘Africa’s Switzerland’. It was a sham, but with its clusters of sweatshops, it was very modern – and in some ways it anticipated the world we live in today
There are two different “freedoms” of the market. Free from regulations, and free competition markets. The later requires regulations (such as anti-monopoly laws). A caps are usually talking about the former.
There are two different “freedoms” of the market. Free from regulations, and free competition markets. The later requires regulations (such as anti-monopoly laws). A caps are usually talking about the former.