Why do some countries not enact market liberation?
Hello, I am in need of an answer for this question, to see other explanations other than idiocracy.
If the free market is basically self evident to create massive growth, why don’t even tyrannical government enact it? If it creates so much abundance, wouldn’t someone who’s tyrannical let it work so they can take more? I’m essentially describing social democracy.
Those people have the slightest bit of education of the free market, so they let it work and then do things like creating a sovereign wealth fund, massive welfare programs, etc
Wouldn’t a countries leaders understand that it’s best to let private actors to dig up resources, then to just leave it there or let a bunch of kids slave away for it? I genuinely want to know the answer to this question maybe it’s a political question. But if the answer is take, take take by statists, why doesn’t the statist enact the one system that creates more to take?