To What Extent Do Markets Pose a Threat to Democracy Politics Term Paper
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Capitalist enterprises are driven by the laws οf the competitive market to maximize profit while leaving the social and environmental ravages οf market economics to the state. It is a government that is left with the task οf regulating or coping with environmental destruction, corporate monopolies, consumer exploitation, deserted cities, unemployment, cycles οf inflation and recession, speculation, corporate debt, and maldistributed wealth.