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I am unable to understand this viewpoint that you can only have "pure" free-markets without government. There can be no free market without government unless y
by larryfreeman 17y ago
I am unable to understand this viewpoint that you can only have "pure" free-markets without government.
There can be no free market without government unless you define government as "official" government. If you define government more loosely as a "governing body", then it is clear that government must always exist in a free market system because conflicts and disagreements will always exist.
The governing body is a necessary factor in economic system.
I would argue the free markets never exist in a 100% free state. To talk as if they do is really to ignore the realities and complexities of modern economic systems.