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Why are libertarians committed to free market capitalism?

Why are libertarians committed to free market capitalism?

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Answer #1

The answer to this question lies in the roots of liberalism itself: freedom. Free-market capitalistic economy refers to an economic system where prices of goods and services are set 'freely' by supply and demand trends thereby achieving equilibrium without intervention by any government policy per se. In simple words, it advocates for highly competitive markets and the private ownership of productive enterprises, which is the basis of capitalism.

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