Question

Many if not most early proponents of markets, including such thinkers as the Levellers in England,...

Many if not most early proponents of markets, including such thinkers as the Levellers in England, Scottish philosopher Adam Smith, and American Thomas Paine see markets as a fundamentally egalitarian force. Why did they believe this? What is meant by egalitarian, on Anderson’s account?

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Answer #1

An egalitarian society and and an egalitarian market are the ideal forms of market, what marx would call the idal community as the markets enjoy similar status and an equal representation in the economy.

Anderon and Smith both could be considered as relational egalitarians who tried to shocase the human interaction with scoeity and tried to depict that the not all inequlaities are morally bankrupt, but some definitely are.

It is believed that Adam smith held an egalitarian view of the market for he was a social democrat who denounced with great ardour the laissez faire capitalism and invited with open arms the market failure that came thus to them.

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