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Here is a big general question for you regarding markets:
What is the implication for your various analyses from the widespread
existence of black markets? Black markets have existed not only with
respect to specific commodities (drugs, alcohol, etc.), but in places such
as prisons, Nazi concentration camps, the Soviet Bloc. I will bet there are
even black markets in North Korea, for goodness sake.
Is that an interesting factual phenomena from your perspective? Is it
relevant to whether markets are natural and inherent in human relations, or
merely artificial creations?
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CB: Gangsterism is fundamental to the origin and ongoing existence of capitalism. It
is not a side or exceptional aspect of the system. From the pirating scoundrel
Portuguese ( rough white boys on boats, such that this should really be called the
white market) who snatched a village of African's up in the 1400's, through nuclear
weapons pointed at the socialist countries, criminal force and violence have always
been central to all of capitalism. The _Godfather_ myth should be read/viewed not as
an exceptional method of becoming a capitalist , but as typical.
Capitalism is capital crime, fundamentally.