The Free Market Is An Orchestra That Doesn't Need A Conductor

in freemarket •  6 years ago 

The free market allows every individual to pursue their own self-interest, to express their own creativity, compassion, and love, in an effort to serve others and contribute to their community.

To be alive and have the opportunity to exchange with other individuals, in a peaceful manner without the use of coercion, is truly a blessing and something to be thankful for. Though we might not have an entirely free market today, we can still see how this method of peaceful exchange has helped to improve and uplift the lives for millions of people, despite the restrictions and violence that they have had to bypass in order to make it so.

We have still seen amazing goods and services come about and be able to flourish, despite all of the taxes, licensing, and other restrictions that are in place working to prevent it from being so.

The free market isn't a "system" in the sense that it has any one individual controlling it, there isn't any overbearing policy dictating those making exchanges; telling them exactly what their actions should be.

The free market doesn't exist because any person, law, or regulation etc, makes it so. When individuals act according to their own passion, using their own free will, seeking to pursue connection and human association with others using their own self-interest and property, is when we see the market come alive.

In the absence of control, the people can and will flourish.

Underneath what might look like chaos at the onset, without a central authority figure trying to dictate what should be realized, we see that there is a hidden order that comes along with voluntary human association.

“The global market economy is like a vast improvised dance in which billions of complete strangers help each other out. The dancers constantly change partners. With every subtle movement, every exchange, partners communicate to each other how best to address each other’s needs. Not only that, but each gesture sends a signal to millions of other dancers, offering guidance on how they can best contribute.... a dance of billions is too complex to choreograph. Efforts to do so only cause the dancers to stumble over each other ” - D Sanchez

Interventionism lowers quality of life.

The market that we have today is peppered with unjust interventionism and we can see the myriad of problems that this has caused. It's kept quality down, prices high, reduced opportunity, and more. That interventionism strangles the good that the free market can provide; we don't need more violence in our lives, we need more freedom.

Free association can bring solutions to problems that we face in life, better than government interference and ruthless regulation could ever dream to accomplish.

The interventionism that's being applied in the market isn't for our benefit because it effectively erodes natural property rights, reducing people to slaves who aren't permitted to keep what they earn or who are restricted from making certain exchanges without a central authority figure first deeming that exchange to be an acceptable one. The more authority and coercion that is asked for, to intervene in the market, the more personal liberty and freedom ultimately suffers.

On countless occasions when the state has failed to meet the needs of the people, it's been those individual actors pursuing their own self-interest that have stepped-up to get it done.

Whether that's delivering pizzas to hungry families after a hurricane, or helping to rebuild homes and businesses that have been destroyed, filling in potholes that the city has neglected to fix, or bringing in clean water etc, when the government has failed to act quick enough the people have stepped up to demonstrate that it can be done another way.

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Blockchain is here to stay!

the future is here

Yes and the cool part is how the internet has aided the free market to advance. Fr example, when I am deciding on a purchase, I can bypass the company hype and go right for the opinions of the people that have bought before me. I just love customer reviews!

Because everyone has the best intentions and what could ever go wrong?