“Free markets induce a natural collective reaction by society.”

— George Ritzer

Source: Globalization - A Basic Text (2010), Chapter 5, Neo-Liberalism and Neo-Marxian Alternatives, p. 136

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George Ritzer 18

American sociologist 1940

Walter Russell (1871–1963) American philosopher

Source: A New Concept of the Universe (1953), p. 132

“In a society governed passively by free markets and free elections, organized greed always defeats disorganized democracy.”

Matt Taibbi (1970) author and journalist

Source: Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America

“Kevin Carson has coined the terms “vulgar libertarianism” and “vulgar liberalism” for the tendencies, respectively, to treat the benefits of the free market as though they legitimated various dubious features of actually existing “capitalist” society (vulgar libertarianism), and to treat the drawbacks of actually existing “capitalist” society as though they constituted an objection to the free market”

Roderick Long (1964) American philosopher

vulgar liberalism
Source: "Left-libertarianism, market anarchism, class conflict and historical theories of distributive justice" (2012), p. 416

“Socialism is, essentially, the tendency inherent in an industrial civilization to transcend the self-regulating market by consciously subordinating it to a democratic society. It is the solution natural to the industrial workers who see no reason why production should not be regulated directly and why markets should be more than a useful but subordinate trait in a free society. From the point of view of the community as a whole, socialism is merely the continuation of that endeavor to make society a distinctively human relationship of persons which in Western Europe was always associated with Christian traditions.”

Karl Polanyi book The Great Transformation

The Great Transformation (1944), Ch. 19 : Popular Government and Market Economy

“Without a free press there can be no free society. That is axiomatic. However, freedom of the press is not an end in itself but a means to the end of a free society. The scope and nature of the constitutional guarantee of the freedom of the press are to be viewed and applied in that light.”

Felix Frankfurter (1882–1965) American judge

New York Times (November 28, 1954).
Judicial opinions

“The Chilean economy did very well, but more important, in the end the central government, the military junta, was replaced by a democratic society. So the really important thing about the Chilean business is that free markets did work their way in bringing about a free society.”

Milton Friedman (1912–2006) American economist, statistician, and writer

“Commanding Heights, Interview on PBS” https://www.pbs.org/wgbh/commandingheights/shared/minitext/int_miltonfriedman.html, (Oct. 1, 2000)

“By ignoring and evading rather than altogether abolishing obsolete rules and regulations, eighteenth century Britain moved slowly toward a free market society.”

Joel Mokyr (1946) Israeli American economic historian

Source: The Enlightened Economy: Britain and the Industrial Revolution, 1700–1850. 2010, p. 397

“Government doesn’t "intrude" on the "free market." It creates the market.”

Robert B. Reich (1946) American political economist

Saving Capitalism: For the Many, Not the Few (2015)

“I'm a free-marketeer. I believe in free markets, but… sometimes you have things that look like free markets but aren't because of artificial reasons. I'm not very happy with the current state of what calls itself free market economy in the world because you've got all these grotesque monopolies that are able to game the system in a way that's to their advantage by virtue of their power, and that's not a free market.”

John Perry Barlow (1947–2018) American poet and essayist

Planet JH Weekly interview (2005)
Context: I'm a free-marketeer. I believe in free markets, but... sometimes you have things that look like free markets but aren't because of artificial reasons. I'm not very happy with the current state of what calls itself free market economy in the world because you've got all these grotesque monopolies that are able to game the system in a way that's to their advantage by virtue of their power, and that's not a free market. A real free market has some kind of countervailing influence from the government to keep a monopoly in check, but this government... it's not about free marketing principles, it's about greed pure and simple. And this government wants to assure that the other people that they went to college with get just as rich as they do. This country is going to make Mexico look like Sweden inside of ten years in terms of wealth distribution, because there are no countervailing forces. They've eliminated tax basically for the ultra-rich, they've eliminated any control over monopolies, the greedy have free reign and its just going to be the super rich and the peasants.

“My reaction is that free speech not only lives, it rocks!”

Oprah Winfrey (1954) American businesswoman, talk show host, actress, producer, and philanthropist

On being acquitted of violating Texas' food libel laws in Texas Beef Group v. Winfrey over her "Dangerous Food" episode of The Oprah Winfrey Show (11 April 1996), as quoted in "Oprah: 'Free speech rocks' " in CNN (26 February 1998) http://edition.cnn.com/US/9802/26/oprah.verdict/

“Free markets induce a natural collective reaction by society.”

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George Ritzer 18

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