Yes. That's right. Part of living in a free market state is allowing the market to choose. Part of living in a civilized country is ensuring that there are safety nets available to those who the market fails to support.
The market operates efficiently when every entity involved can have net worth of any amount, including negative. Unfortunately, human life requires a particular amount of wealth to survive. You cannot have a pure free market system without there being some left out. The purpose of government is to protect rights to life, liberty, and property. That means providing some support when someone's wealth is so low that they cannot sustain their life.
This should be implemented in such a way as to affect the market least. Milton Friedman's negative income tax would be one possibility, but there are others as well.
In any case, the market should be free to operate as if the person could reasonably be expected to have nothing.
The market operates efficiently when every entity involved can have net worth of any amount, including negative. Unfortunately, human life requires a particular amount of wealth to survive. You cannot have a pure free market system without there being some left out. The purpose of government is to protect rights to life, liberty, and property. That means providing some support when someone's wealth is so low that they cannot sustain their life.
This should be implemented in such a way as to affect the market least. Milton Friedman's negative income tax would be one possibility, but there are others as well.
In any case, the market should be free to operate as if the person could reasonably be expected to have nothing.