Sociologist: Some economists hold that unregulated markets should accompany democratic sovereignty because they let people vote with their money. βββ ββββ ββββ βββββββ βββ βββββββ βββββββββββ βββββββ βββ βββββββ ββββββββ βββ βββ ββββββ ββββββββ ββ βββ βββββββββββ βββ ββββββββ βββ βββββ ββ β ββββββ ββ βββ ββββββ βββββ βββ ββββββββ ββ βββββββ βββββ ββ ββ ββββββ ββββββ ββββββββββ ββ βββββββββ βββββββββ βββ ββββ βββββββ βββββββββββ βββββββββββ
Contrary to some economistβs beliefs, supporters of democracy can also support market regulation. For support, the sociologist cites the difference between private consumer decisions and public citizen decisions: people are considering different factors in the market and the voting booth.
The conclusion opposes the belief that unregulated markets and democracy must be paired together: β... supporters of political democracy can also support marketplace regulation.β
Analysis by TiaraLaulusa
Which one of the following ββββ ββββββββββ βββββββββ βββ ββββββββββ βββββ ββ βββ ββββββββββββ
Voters think of ββββββββββ ββ βββββββ ββ β ββββββββββ ββββββ ββββ ββ ββββββββ ββββββββββββ
Unregulated markets are ββββββββββββ ββββ ββββββββββ ββββββββββββ
Where there is ββββββββββ βββββββββββ βββββ ββββββ ββ βββββββββββ ββββββββ
Private consumers are βββββββββ βββββββββ ββββ βββββ βββ ββββββββββββββ
Opposition to unregulated βββββββ ββ ββββββββββ ββββ βββββββ βββ ββββββββββ