Book: Yu. Mamedov. Modern economics. Page 8



A participant in a market economy must initially have the freedom to independently choose benefits. By acting in the interests of his own benefit, as well as choosing a way to achieve it, a participant in market production expands the choice for other participants who react to his choice, and he himself takes into account the actions of others. Therefore, a market economy can be defined as a continuous process of joint achievement of individual and social net benefits by its participants.
№ 464044   Added Viker 15-03-2024 / 15:33
The desire for personal gain is the inalienable right of every participant in a market economy: only under this condition does it have a market character. A participant in market production always acts for his own economic benefit. There is no need to teach anyone the desire to act in the interests of one’s own benefit, because this is a natural motive for human behavior. An individual acting contrary to his economic benefit is, of course, an anomaly for a market economy.
№ 464043   Added Viker 15-03-2024 / 15:33
A reasonable and effective economy can only be moral - one in which decency, professionalism and civic feelings are valued, while a pseudo-economy can be neither effective nor moral, because it is destined to give rise only to mass criminogenic aspirations.
№ 464042   Added MegaMozg 15-03-2024 / 15:33