This takes us to the central neoclassical economics story of the supposed efficiency of a competitive, capitalist, market system that goes back to the eighteenth century and Adam Smith, with little fundamental variation to today. Codified
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“We must make our choice. We may have democracy, or we may have wealth concentrated in the hands of a few, but we cannot have both.”
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“It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.”
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Dwight’s 2025 Year in Books
Take a look at Dwight’s Year in Books, including some fun facts about their reading.
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