Why must private ownership of property be guaranteed before a free market economy will work?
Entrepreneurs need to be assured that they will benefit from a successful project.
Without such a guarantee, criminals can steal the profits from a good business.
Unemployment will be too high for the private ownership to work without the guarantee.
The government will retain too much power if there is a guarantee.
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Why must private ownership of property be guaranteed before a free market economy will work?
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