Quote by Murray N. Rothbard, Capitalism v

Free-market capitalism is a network of free and voluntary exchanges in which producers work, produce, and exchange their products for the products of others through prices voluntarily arrived at.


Free-market capitalism is a network of free and voluntary ex

Summary

This quote emphasizes that free-market capitalism is based on the principles of voluntary exchanges and the freedom for producers to work, produce, and exchange goods based on mutually agreed-upon prices. It highlights that in this system, individuals have the liberty to engage in economic transactions without coercion or government intervention. This perspective asserts that an open marketplace with voluntary exchanges fosters economic growth and efficiency while allowing individuals to freely participate in the exchange of goods and services.

By Murray N. Rothbard, Capitalism v
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