Abstract
| Original language | English |
|---|---|
| Publication date | 2017 |
| Number of pages | 14 |
| Publication status | Published - 2017 |
| Event | The Association of Private Enterprise Education 2016: 41st Annual Meetings - Las Vegas, Nevada, United States Duration: 3 Apr 2016 → 5 Apr 2016 Conference number: 41 https://www.apee.org/conference/ |
Conference
| Conference | The Association of Private Enterprise Education 2016 |
|---|---|
| Number | 41 |
| Country | United States |
| City | Las Vegas, Nevada |
| Period | 03/04/2016 → 05/04/2016 |
| Internet address |
Keywords
- Commercialization
- Free markets
- Strategy
- Sales
- Public policy
- Social orders
- Language studies
Cite this
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A Free Market Requires Voluntary Actions. / Sløk-Madsen, Stefan Kirkegaard .
2017. Paper presented at The Association of Private Enterprise Education 2016, Las Vegas, Nevada, United States.Research output: Contribution to conference › Paper › Research › peer-review
TY - CONF
T1 - A Free Market Requires Voluntary Actions
AU - Sløk-Madsen, Stefan Kirkegaard
PY - 2017
Y1 - 2017
N2 - This paper draws attention to the importance of the understanding of voluntary actions in the free market construct. Failing to understand the role of voluntary actions in the free market construct will often result in discussions of capitalism versus socialism focusing on asset ownership and not consumer sovereignty. I argue that asset ownership is less important than true consumer sovereignty, which again is the essential argument for why capitalism is the superior mode of resource allocation and social organization. The paper analyzes how our understanding of markets and voluntary actions are essential to the construct of consumer sovereignty. Understanding the degree of voluntary actions in a given commercial setting has implications for both business strategy and policy making. This paper thus aims to contribute to explain why restricted markets become crony capitalism.
AB - This paper draws attention to the importance of the understanding of voluntary actions in the free market construct. Failing to understand the role of voluntary actions in the free market construct will often result in discussions of capitalism versus socialism focusing on asset ownership and not consumer sovereignty. I argue that asset ownership is less important than true consumer sovereignty, which again is the essential argument for why capitalism is the superior mode of resource allocation and social organization. The paper analyzes how our understanding of markets and voluntary actions are essential to the construct of consumer sovereignty. Understanding the degree of voluntary actions in a given commercial setting has implications for both business strategy and policy making. This paper thus aims to contribute to explain why restricted markets become crony capitalism.
KW - Commercialization
KW - Free markets
KW - Strategy
KW - Sales
KW - Public policy
KW - Social orders
KW - Language studies
KW - Commercialization
KW - Free markets
KW - Strategy
KW - Sales
KW - Public policy
KW - Social orders
KW - Language studies
M3 - Paper
ER -