Friedman opposed sanctions because ideal markets ignore race and nationality

Evidence

His opposition to sanctions was also based on an abstract princi­ple: that markets succeed through “the subtlety with which they connect producers and consumers and the anonymity in which they clothe the participants.” ­Because the ideal market does not discriminate by race, religion, or nationality, to interfere in pro­cesses of exchange to punish this or that po­liti­cal power through an international authority—as in the case of Rhodesia—­would be to weaken “the system of ­free markets that is our greatest source of strength.” Dominium had to exist beyond the whims of diplomacy. — Quinn Slobodian, Globalists, 584

Categorization

• XREF: The ‘anonymity’ argument connects to the earlier passages on pre-state trade institutions and reputation systems, where anonymity of market participants was also central. — connects to: Friedman opposed civil rights legislation because he trusted markets to solve segregation — Angus Burgin, The Great Persuasion: Reinventing Free…, 509; Economic incentives and cultural kinship made U.N. sanctions against Serbia ineffective

Broader Connections

• Economic incentives and cultural kinship made U.N. sanctions against Serbia ineffective #exemplifies (0.75)