Marxists maintained that highly unjust economic inequality was caused by markets. But the Communist experiments with central planning and suppression of markets produced terrible economic results and were only possible in societies in which individual liberty was strongly repressed.
Professor deLespinasse argues that the economic inequality criticized by Marxists is caused, not by markets, but by the legal framework within which markets operate. He envisions a society which is classless in two fundamental ways but in which all prices, except for those charged by regulated utilities, are set by the interaction of supply and demand.
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