Difference between revisions of "Market Efficiency"
From Critiques Of Libertarianism
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− | {{DES | des = Market efficiency is the great benefit of capitalism, but [[Capitalism|capitalists]] hate it because it means low profits. Capitalists battle market efficiency through [[Monopoly, Oligopoly, Market Power and AntiTrust|monopoly]], marketing and other assaults on the assumptions | + | {{DES | des = Market efficiency is the great benefit of capitalism, but [[Capitalism|capitalists]] hate it because it means low profits. Capitalists battle market efficiency through [[Monopoly, Oligopoly, Market Power and AntiTrust|monopoly]], marketing and other assaults on the assumptions of [[Free Market Theory]]. Except, of course, when they are arguing for [[Globalization, Free Trade and Economic Freedom |free trade]]. | show=}} |
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