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The problem is that an unregulated free-market economy guarantees monopolies to form, which ironically allows them to use tactics that prevent fair competition.
by Salgat 5y ago
The problem is that an unregulated free-market economy guarantees monopolies to form, which ironically allows them to use tactics that prevent fair competition. This is why mixed-economies are most efficient, as they take advantage of capitalism while preventing some of the edge cases where capitalism falls apart.