Difference between revisions of "Markets"
From Critiques Of Libertarianism
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− | {{DES | des = Existing markets are not spontaneous: they are social [[institutions]] that have been often created, heavily modified and regulated by [[governments]] throughout history. Because markets are amoral, they need [[regulation]]. | show=}} | + | {{DES | des = Existing markets are not spontaneous: they are social [[institutions]] that have been often created, heavily modified and regulated by [[governments]] throughout history. Because markets are amoral, they need [[regulation]]. Markets are not distinctive to [[capitalism]]; they exist in all economic systems more sophisticated than a hunter-gatherer economy. | show=}} |
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