The role of government in the capitalist enterprise
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...capitalist market, the parties to a transaction determine the cost at which goods, assets and services are exchanged. The extent of competition, the role of regulation and intervention, and the limit of public ownership vary depending on different models of capitalism. Historians, political economist and economist have analyzed capitalism and identified the different form of it in practice. These include welfare... capitalism, laissez-faire capitalism and welfare capitalism. The three of them highlight on the various degrees of dependency on public ownership, market and inclusion of social policies. Policy and politics determine the rules owning private property and the freedom of various...