Post
Topic
Board Economics
Re: The freer the market, the freer the people?
by
abhiseshakana
on 09/09/2020, 10:13:22 UTC
I do believe that if market will be free - a lot of mistakes will be made, however after some time most of people will understand what they need to do in order to use free market without being scammed/losing own funds.
But until market is free most of our society won't even bother themselves to learn such things.
Thus being said - freer the market, freer the people. Sounds delightful, but in reality free market would be hard to live with.

Free markets or free trade do have advantages for the economic actors involved. However, many countries are still classified as developing countries, so it is clear that the parties that benefit most from the existence of free markets are developed countries. So that the existence of free markets does not prosper people in developing countries and poor countries. The free market is used by developed countries to penetrate the market and dominate developing countries and poor countries.

Economic liberalization that eliminates the role and responsibility of the government in the economic sector then leaves everything to individuals and market mechanisms. This causes the dangers to be obtained because this policy will weaken the domestic economy and drive the wealth of developing countries to developed countries. The free market promises wider opportunities but in fact, the free market is used as an avenue for exploitation and oppression.