Free market fundamentalism is failing us ecologically, economically, socially, and politically.
Free markets do not clean up oil spills, address climate change, or create public goods like libraries, lighthouses, and weather satellites. Rather this is recognised as the remit of government.
But, countries around the world are experiencing dangerous levels of government failure in these areas due to the conflation of an economic system — capitalism — with a system of governance — democracy — that is unworkable.
