Based on his research, Herbert Gintis, a self-described former Marxist economist at the University of Massachusetts and co-director of the MacArthur Foundation’s Norms and Preferences Network team, believes “‘Market societies give rise to more egalitarianism and movements toward democracy, civil liberties, and civil rights.'” In fact, Gintis argues, “‘Market societies and democratic societies are practically co-extensive.'”

For the particulars, check out Ronald Bailey’s Reason piece, “Do Markets Make People More Generous?”

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