 There is a third line of thinkers who stand between the friends and the foes of markets and argue for a qualified endorsement: they see advantages in markets, but also problems. Therefore, they either argue that the overall balance is positive, or that the problems can be mitigated by other institutions. Often, this position is motivated by the argument that we do not know of a better way of organizing the economic life of large societies, and that it is therefore better, overall, to “tame” markets than to abolish them. This position has been held by thinkers as diverse as G.W.F. Hegel (1942 [1821]), J.S. Mill (1848), J.M. Keynes (1936) or John Rawls (1971) and by many social-democratic parties in Europe (see Berman 2006). What unites them is a belief in the “primacy of politics.” Markets are welcomed as an instrument for achieving certain aims within the framework of the state, but their purpose, extent, and limits should be determined by politics. Whether and how this primacy of politics is possible is another important question in the philosophical debate about markets (cf. also 4.3 below).