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Critique of FreedomThe Central Problem of Modernity$
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Otfried Höffe

Print publication date: 2020

Print ISBN-13: 9780226465906

Published to Chicago Scholarship Online: May 2021

DOI: 10.7208/chicago/9780226466064.001.0001

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PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 28 July 2021

Free Market: Vision or Illusion?

Free Market: Vision or Illusion?

(p.95) 6 Free Market: Vision or Illusion?
Critique of Freedom

Otfried Höffe

, Nils F. Schott
University of Chicago Press

In this chapter, the author defends a certain conception of the market insofar as it makes it possible for competition to take place peacefully, to stimulate innovation, and to advance the goals of democracy. Topics include the value and nonvalue of the market, the nature of the social market economy, noneconomic markets, finance capitalism, and what actually counts as a "free" market.

Keywords:   market, competition, innovation, democracy, economy, capitalism, finance, freedom

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