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Libertarians Often Defend the Notion That an Unfettered Free Market

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Essay

Libertarians often defend the notion that an unfettered free market is the best way to satisfy individual needs while also attaining the general good. Critics of libertarianism have argued, however, that free markets alone aren't sufficient to satisfy everyone's needs and don't produce the general good. Write an essay in which you argue for or against the idea of unfettered free markets, from the perspective of a libertarian, liberal, communitarian, or some other political ideology.   Issues you should address include distributive justice, inequality, and the rights of individuals.


Definitions:

Net Income

The total profit of a company after all expenses, including taxes and operating costs, have been deducted from total revenues.

Salary Allowances

Predetermined amounts provided to employees, on top of their basic salary, for specific purposes such as travel, housing, or food.

Market Value

The ongoing rate for buying or selling a product or service in a trading environment.

Book Value

The net value of an asset or liability according to its balance sheet account balance, accounting for factors like depreciation.

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