Abstract:
Neo-liberalism emphasises the moral as well as economic benefits of expanding the scope of markets free from regulation. Its adherents have emphasised that the exercise of choice by individuals as consumers, free from government interference, maximises human welfare. More even, the freedom to consume has been remarked upon as one of the cornerstones of democracy. As Wolfgang Kasper of the Centre for Independent Studies once put it, ‘the market is a daily exercise in democracy, the will of the people’.
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