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In a purely capitalist society, what acts to regulate the economy

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User Star
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1 Answer

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Capitalism is defined as a political system whereby ownership of private companies control their shares, rather than the government. They are run by self-interest and the market's competition to regulate the economy. The means of production are self-run by private companies, and so, they only take what they need, leaving the rest to the market.
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User Hujjat Nazari
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