that was really the takeaway from bob cutner's book "everything for sale." you can see the massive drive from washington, d.c. to corporate tax everything under the phrase privatization, including the postal service, for example. imagine being withheld in terms of postal service because you can't pay the freight as a user. >>> one thing i'll say at the outset is i'm not speaking on behalf of the american anti-trust institute. another is i'm not an economist. i did study at the university of chicago law school, but please don't confuse me with being an economist. the third thing is the title of this talk "anti-trust and how hyptocracy and how the market corrupts what's supposed to be doing well," is not my idea. that's ralph's. ralph is ralph and i'm not ralph. so i'm going to deal with this challenge but asking four questions. what is market fundamentalism? what are markets supposed to do well? what is anti-trust supposed to do well? and finally what is kleptocracy and how does that fit into this discussion? maybe the best way to start on microfundamentalism

privatization also fails and that doesn't work so well either, and i love what bob cutner said, we need to pull back some of that that we privatized, we need to reanalyze that and limit the scope of markets. a point i want to make that hasn't been made is that markets are imbedded in the legal system and in society. they're not apart from. they're not separate from. no, they're very much a part of our society. individual preferences expressed in the marketplace are not exogenous to social and political contexts. other institutions play a large role in shaping those preferences, including families, schools, churches, the entertainment industry, mass media, advertising, in a very big way, and the marketplace itself shapes preferences. the public sector shapes preferences, and those are reflected in the marketplace. and the private sector, through lobbyists, legal maneuvering, shapes the legislation and discretionary exercises of public power. powerful economic actors in the marketplace can limit human freedom, individual rights, just as effectively as government can, if not moreso. that's