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A free market necessarily requires government involvement. A free market is industry-specific. For it to work, a company in one industry may not influence the
by kuschku 4y ago
A free market necessarily requires government involvement.
A free market is industry-specific. For it to work, a company in one industry may not influence the market in a different industry, or that market won’t be free anymore.
To prevent this, government involvement is required to ensure fair start conditions for all companies within of the free market
- cameronh90 4y agoWhile a free market economy requires government involvement, one must admit it requires less than an economy that tries to ensure equality. I also suspect the more you leave an economy to its own devices, the more unequal it becomes.
- maxerickson 4y agoThis is incoherent, industrial categories are a convenience, not a natural component of economic activity. Is automation an industry? Because an automation innovator might be built on the assumption that it can influence another industry. Can a manufacturer of one thing decide that they have the internal capacity to manufacture something at a lower cost than the existing competitors and then not share that methodology with the existing competitors?