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**Yarmark** · 07-19-2012, 11:51 PM

Colonialism, feudalism, etc etc are decidedly non free market and yet there were businesses and merchants and taxes. Free markets are not a precursor to all economic activity or governmental authority.

Missing the larger point. Regardless of the economic system capitalism, fuedalism, etc. where did the governemental resources derive from, the economic interactions of the people and a portion thereof.

However in the context of the Friedman discussion he was in fact speaking towards free markets.

07-19-2012, 11:51 PM	#13
Yarmark Join Date Oct 2005 Posts 656 Senior Member	Colonialism, feudalism, etc etc are decidedly non free market and yet there were businesses and merchants and taxes. Free markets are not a precursor to all economic activity or governmental authority. Missing the larger point. Regardless of the economic system capitalism, fuedalism, etc. where did the governemental resources derive from, the economic interactions of the people and a portion thereof. However in the context of the Friedman discussion he was in fact speaking towards free markets.
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