capitalism

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Standing in the Way

Sourced from Uncommon fritillary (Own work)

By Brendan Law, ESSA Vice-President 2012

The essence behind Free-Market ‘capitalism’ is the idea that the provision of incentives, say, a profit-motive, or some significant tangible benefit, create a response within a particular market that allows it to organise itself, and for goods to be produced in the most efficient way, in the desired quantities and prices.

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