Saturday, October 26, 2013

Free Markets vs the State


I believe that the free market should be in charge of setting the prices of goods because it’s much easier to control how much money goes into one business than another because one has better quality products than another.  On the other hand, the state tries to make every business the same with the pricing.  The problem is that the quality of workers goes down and less and less real jobs become available.  Not only that but there also become less businesses because the state sets up so many laws and expectations that each one has to achieve.  So, if the free market was in charge, then more and more businesses would appear, making more and more real jobs available.  Also, prices would be lower because each company competes with one another to have more consumers for the best price possible giving them more publicity and income.  In conclusion, I would rather the free market be in charge of pricing because the free market can be localized, the quality would go up while pricing goes down, resulting in more businesses becoming available.


No comments:

Post a Comment