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Modern Babylon

The Archbishop of Canterbury (May) appears so fixated on the problems of markets that he seems unable to pin blame where it belongs. It is notable, for example, that he criticises “profit” orientated tendencies in education at a time when government control is at its zenith. It is perfectly possible for people to obtain education, library services, books and music through markets whilst taking a completely high-minded and non-materialistic view of education. Markets provide an effective means for signalling what people really value to those who are in a position to meet their needs. Until the 1940s much…

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