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Free market is an idealistic liberal concept, which determines that exchanges of goods and services should not be regulated or intervened by the state. | Free market is an [[idealism|idealistic]] [[liberalism|liberal]] concept, which determines that exchanges of goods and services should not be regulated or intervened by the state. | ||
Although such a concept is not 100% practicable in our material reality, those who apply it as a government policy usually result in a worsening of social inequalities and in prolonging or worsening economic and social crises. | Although such a concept is not 100% practicable in our material reality, those who apply it as a government policy usually result in a worsening of social inequalities and in prolonging or worsening economic and social crises. | ||
Revision as of 09:56, 24 November 2020
Free market is an idealistic liberal concept, which determines that exchanges of goods and services should not be regulated or intervened by the state.
Although such a concept is not 100% practicable in our material reality, those who apply it as a government policy usually result in a worsening of social inequalities and in prolonging or worsening economic and social crises.