I don't agree with the parent comment above yours, but here is something interesting to ponder:
What if he'd taken that 3 million, put it in a big pile and burnt it?
The "free market" doesn't want you to do this, because it needs that money to be back in the market somehow (investing, start up, salaries, purchases, whatever)
Doing 'whatever you want' with your own money is not exactly what the free market wants you to do.
As a slight aside, while I'm not burning my income, I'm not a good "market citizen" in the eyes of the free market. I have no debt, no cell phone, no car. I grow and hunt my own food, live off grid (no bills) and spend the least amount of money possible. This, the "free market" does not want. Imagine if even 25% of people in developed countries did this from now on. Market collapse.
There is no "free market" apart from the desires and actions of its participants. If he decided that burning the money was the thing he wanted to do with it, then that's what the "free market" wanted to do with it too.
Burning money, by the way, doesn't actually destroy value. It just increases the value of all the other money in circulation. So in effect it's a gift to other money-holders.
What if he'd taken that 3 million, put it in a big pile and burnt it?
The "free market" doesn't want you to do this, because it needs that money to be back in the market somehow (investing, start up, salaries, purchases, whatever)
Doing 'whatever you want' with your own money is not exactly what the free market wants you to do.
As a slight aside, while I'm not burning my income, I'm not a good "market citizen" in the eyes of the free market. I have no debt, no cell phone, no car. I grow and hunt my own food, live off grid (no bills) and spend the least amount of money possible. This, the "free market" does not want. Imagine if even 25% of people in developed countries did this from now on. Market collapse.