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On average, everyone
agrees
with
nonconsensus
between 357 voters.
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Please read the comments from other voters below, then scroll down make your decision. Do you agree or disagree with the following statement?
A free market is the best way to determine prices for products, services and wages
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Reasons To Disagree
A free market can allow transnational corporations to accumulate wealth and power to the detriment of our local businesses, our workers, our environment, our national sovereignty and our democracy. Government regulation can help ensure corporations are subordinate to people.
a free market is the best way to send factories offshore to sweatshops, and have larger countries investing in newzealand and taking away our businesses. how does that make our economy work?
There is no free market.
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Reasons To Agree
A free market creates competition and choice to the consumer. Do we really want to be a communist country operating under Government regulation on everything. Can we not think for ourselves without having the Government make every decision for us?
What drives a market?
Sellers and buyers.
The buyers are in control -
If they don't like the price, they don't have to buy.
The communists thought they had the key to a better way. Now generally agreed that they didn't do a good job.
In most cases this is correct unless its a necessity in short supply or a monopoly (or near monopoly) situation. These may require some price regulation eg. electricity, water, railways
a free market means people making choices 4 themselves. 3rd party intervention must maximise that; & there4 minimise itself!
By definition this is true.
Amazing how even a 5th form understanding of economics would completely disprove all the reasons to disagree
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Reasons for Remain Neutral
Not sure about wages. Does greater company profits automatically mean greater pay rises? Never seen this myself.
My View
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