The Capitalist-Socialist Asymmetry

Source: Free Association
by Sheldon Richman

“Free-marketeers have long pointed out a particular asymmetry between capitalism and socialism (whether of the international or national variety). While anyone in a capitalist society would have a right to engage in socialism (as anyone can do now in our hampered market economy), the reverse would not hold: under socialism — that is, a centrally planned economy, democratic or not — no one would be free to engage in ‘capitalist acts between consenting adults’ (to use Robert Nozick’s phrase from Anarchy, State, and Utopia). It would upset the plan.” (11/21/25)

https://sheldonfreeassociation.blogspot.com/2025/11/tgif-capitalist-socialist-asymmetry.html