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29.17% - Private ownership of the means of production is the arrangement that produces the most efficient allocation of resources â€” that's the empirical record.
25.00% - Real capitalism requires fair competition â€” no player big enough to win through market power rather than merit; that's not socialism, that's the prerequisite for markets to work.
25.00% - Capitalism requires a price system to allocate resources and services.
20.83% - Price signals communicate more information, faster and more accurately, than any central planning system ever devised â€” centrally planned alternatives simply cannot replicate what prices do.

Argument 1603

100 .0% of 2 users accept

Genuine competition among producers benefits society by driving innovation and lowering prices.

Economy of Brazil - Wikipedia en.wikipedia.org

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