Markets, and the way they operate can't be frozen in time and place. A dynamic economy that is growing and increasing material well-being for a large number of people have to change over time.
Douglas MasseyI want to get away from "It's either government or the market." That's a false dichotomy.
Douglas MasseyThe United States, after all, was founded by men of liberal sentiment who were seeking to promote the greatest good for the greatest number, by creating a constitutional order for the creation and expansion of liberty.
Douglas MasseyMarkets are a social construction, they're made from institutions. We in a democratic society create markets, we constitute markets, we bring them into existence, and we shouldn't turn markets over to a narrow group of people who regulate them and run them in their interests, rather they should be run democratically for the common good.
Douglas Massey