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America is not a free enterprise economy, to name a specific case. We are a democratic Republic with the People granted the Constitutional prerogative* to regulate commerce and promote the general welfare by the founding fathers. But in an ideal free enterprise economy that can only exist in theory (too many market failures make a real free enterprise economy unworkable), government would only protect property rights through the courts. Everything else could conceivably be private enterprise (including police, fire and military). |
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