So, eliminating markets for people was a bad thing?
Why, for example, would a market for health care be good, but a market for child-imprisonment be bad? If a market for child-imprisonment were susceptible to bad actors, perverse incentives, and bad outcomes, then it stands to reason the same could be said of all markets. That's a rather large implication, I'm sure we agree on.
If humane child imprisonment is valued by the market participants, then that's what the market will provide. If a market doesn't signal that it's important, then it's definitionally not important. That's what price signalling is all about.
https://harpers.org/archive/2023/02/is-liberalism-worth-savi...
The conversation flits around a bit too quickly for my taste, but some interesting points are made.
It will be most efficient. I promise!
Ideas like this show a moral bankruptcy that has become so ingrained in our Technocratic elites and we wonder why there is such a disconnection between different groups in our society.