Free Markets Never Were Fair

Here is a short article on the popular misconception that free markets are fair:

Blount-Lyon, Sally. 2002. “Grand Illusion: Contrary to Popular Belief, Free Markets Never Were Fair.” SternBusiness, Fall/Winter.

The New Suburban Historians such as Kevin Kruse (2005) and Thomas Sugrue (1996) have documented how racism has fueled campaigns against public goods and services in the U.S. Their work also allows us to see how racism undergirds the popular American myth that markets are “fair”, which neoliberal policy depends on for legitimacy.

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