Market and solidarity

Henri Hude


A free society should reconcile market and solidarity. This is getting difficult to achieve in a global economy, by the means of Welfare State. But this could be achieved by liberal means, if we had a more adequate concept of capital, including moral capital (with within it solidarity and peace), and a more adequate concept of responsibility (including the duty of reproducing the capital adequately conceived). The practical mean of reaching this goal is the working together of free enterprises and free associations, so that social and moral efficiency of the market could become as good as its economic efficiency. Such a market is called a subtle market.


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