2 ms·
A healthy state funds public infrastructure the market relies on, sets regulations that curb negative externalities, and discourages monopolistic and anti-compe
by Jordan-117 2y ago
A healthy state funds public infrastructure the market relies on, sets regulations that curb negative externalities, and discourages monopolistic and anti-competitive practices. You can have a free market without a state, but it will be inefficient, dangerous, and eventually dominated by a handful of oligarchs.