Question

What is the goal in a market economy?

Answer 1

the mantra is "freedom, efficiency, equality, stability, security, and growth",basically that means that the market in and by itself is efficient enough to function as the highest authority ,and functions best when given complete autonomy,it will regulate itself because it is in the best interest of market participants to do so ..that is the laiizze faire vesion,the mixed approach includes elements of a welfare state into the equitation..some times more and some times less most say a 50/50 distribution is sufficient.