With that good under attack today with increasing frequency, it’s good to recall what it is and what suffers when the attack succeeds. I’ve excerpted the following paragraphs from “What Is ‘The Free Market’?,” Christ, Capital & Liberty: A Polemic (2019), 122-123.
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The free market is a good of order, as distinct from goods of immediate satisfaction. The regular enjoyment of such goods requires that persons explicitly regard the good of order as worthy of attainment and protection. (Not just, for example, “This meal for me now,” but also “Good meals for me and my family several times a day, every day.”)
Persons face a moral challenge when they realize that they can enjoy a good of immediate satisfaction only by rending the fabric of the good of order. In the name of eudaimonia[1], they must at times forfeit particular satisfactions. Continue reading “The good of order”