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Law & Policy

By Declan McCullagh

Published: Tuesday 16 August 2005


Name

Peter Risdon


Location

Cambridge


Occupation

Computer consultant.


Comment

Market extremism? Love it. Half a century ago, the liberal economist J K Galbriath pointed out (in The Affluent Society) that businessmen pay lip service to the market but actually hate the uncertainty that the free actions of informed consumers brings to their businesses. So they set up trusts, monopolies, issue false or misleading information (aka FUD in the computer industry) and generally do almost everything they can to hinder the workings of the market.

Then staring-eyed authoritarians come along and blame these attempts to undermine the market on the market itself. Now, based so far as I can see on just one widely copied and re-posted article, market extremism is the new rallying cry of these authoritarians. And now this, and so by inference the only system of running human economies that has ever worked, is being equated with pornography and violence.

Admiring nods from beyond the grave from Stalin's propogandists.

Back on topic, the need for a porn domain has long been obvious. Erotic content should then be restricted to it. Then we can make our choices freely as - despite the efforts of the "market extremist" merchants - still basically free individuals.



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