Greed Market Economy

What is Greed Market Economy?


1.

An economy in which the interests of the wealthy and large companies are placed before the interests of the wider population. Also known as a free market economy.

From 1984 onwards Roger Douglas transformed New Zealand from a benevolant, reasonably caring society, into a greed market economy, in the same way that Margaret Thatcher had done in the United Kingdom.

See laissez-faire, invisible hand, greed


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