Myth Versus Ideology: Why Free Market Thinking Is Nonideological

Myth Versus Ideology: Why Free Market Thinking Is Nonideological
A Roman copy of Myron's Discobolus, or "Discus Thrower," displayed during a press preview at the British Museum in central London on March 24, 2015. Leon Neal/AFP/Getty Images
Michael Rectenwald
Mises Institute
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Commentary

I’ll begin with a provocative thesis: Socialism is ideological, and free market thinking, while involving myth, is nonideological. I will show why I believe this to be the case by defining the terms “myth” and “ideology” and distinguishing them from each other.

Michael Rectenwald, Ph.D., is a former professor at New York University and a distinguished fellow at Hillsdale College. He is the author of twelve books, including “The Great Reset and the Struggle for Liberty” (2022), “Thought Criminal” (2020), “Beyond Woke” (2020), “Google Archipelago” (2019), “Springtime for Snowflakes” (2018), and “Nineteenth-Century British Secularism” (2016).
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