riotraine
riotraine riotraine
  • 25-06-2018
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In what ways is a market-based economy compatible with democratic ideals?

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DukeMoseti
DukeMoseti DukeMoseti
  • 04-07-2018

A free market system is compatible with democracy as both are essentially defined by the idea of choice. In a democracy, citizens have some choice in the matter of whom they are governed by. One of the key tenets of democracy is superiority of free markets is that it enables people to have a wide array of choice in their economic life:

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