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History, 27.11.2019 03:31 austinwst3
The single greatest benefit that capitalism provides is that it enables human choice. capitalism establishes a social contract that makes it possible for individuals to exercise their franchise and free agency. it gives people the ability to be secure in themselves and their possessions and, having provided security, it enables people to assume risk that they were previously unwilling to assume. it creates the necessary conditions for people to escape poverty and create wealth for themselves and for others. read a quotation by roger butters, a twenty-first-century economist. both adam smith and butters would agree that capitalism allows the government to1) individuals.2)protects workers from unfair practices.3)provides individuals with freedom of choice.4) entrepreneurs avoid risk and danger.
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