Why We Have Markets – Harvey Weinstein Made A Mistake Over Lord Of The Rings

A useful little indication of why we have society organised around a series of markets, not as something run by the one single decision making authority. People make mistakes. To err is human and all that and that disposition toward stupidity doesn’t disappear simply because someone’s in an office armed with the force of the law. We thus need and desire a system which allows mistakes to be made – for they will be, whatever else we do – but also discovered, rectified and cleaned up after.…

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