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NYZack's avatar

I think this hints at what gets people so enthusiastic about the free market. It's not simply a judgment about good economic systems. The point is that it's very hard (maybe even theoretically impossible) to make objective judgments about merit and value and morality. Instead, allowing people to choose what they find meritorious or valuable by paying for those things, or patronizing establishments they like, or donating to organizations they like, avoids the necessity of having some group of mandarins decide what is worthwhile, based on the shaky criteria of the sort described here.

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David Roberts's avatar

Excellent perspective. Thanks for this post. I think the word "merit" is part of the problem we have distinguishing between moral worth and everything else.

An everything-else-tocracy probably doesn't cut it.

This was the first thing i read this morning, and it got me off to a good start to my day.

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