Free Marketing Essay

826 words - 4 pages

“Underlying most arguments against the free market is a lack of belief in freedom itself.” (Friedman) As we all recognize, Friedman firmly approbated exertion of a free market. Free marketing is a market that attains no governmental consent in means of acquisition or pricing of commodities. In Friedman’s eyes as Americans we should be independent enough to rectify our own market. America is known for its freedom and rights fornicated from the founding fathers into the constitution. Free marketing will benefit the economic status of our country while sustaining our freedom.
Many people infer that we can not formally run markets without government consent without corruption. Companies cannot ...view middle of the document...

Governmental authority for all products created in cognizance to their pricing and formation process. They also restrain the region of distributed and how distribution to the consumers is done including taxation. Given this power they can easily become manipulated by other companies to set certain means of pricing to their own liking. This affects the market as a whole due to the inefficient prices which also imbalances the prices of other products. The whole corrupt process of this can also cause the accessibility to many due to the high amount of money regarding that certain product. Although some people still support Regulation in the markets because they fear a chaotic outbreak in the economy. They have come to the conclusion that the government will save them from the many external crimes evident in the market world. That may be the case in some instances but that is not entirely sure. The average person may not even know what the free market has to offer them. This controversial topic has two sides so lets have a look to what the other side has to endeavor.
One of the strong supporters of a regulated market include John Maynard Keynes, an economist who claims that a free market causes inflation and unemployment. John was an economist of the UK who planned to build up the British economy. His ideas included that higher taxes and compulsory...

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