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the cost of free market and of the undemocratic elites....
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Your Democracy
The reigning myth asserts that free markets tend to create, nourish and guarantee personal and political freedom.
Moreover, free markets ensure pluralism, since the competition of the market prevents any individual or company from gaining dominant authority or control.
Political freedom… clearly came along with the free market and the development of capitalist institutions.
The myth of capitalist democracy perpetuated and ignored the shift to monopoly capitalism, which undercut the intuitive idea of the market creating freedom.
In the Trump era, we have a new political wiring concentrating enormous political control in a tiny elite of slightly more than a thousand billionaires, including the president.