Greed Market Economy Edit Meaning

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