Discuss the morality of free market economies.

A free market is an efficient system of allocating scarce resources to their most productive uses by means of voluntary transactions. At the same time, the entire system is driven by self-interest and can lead to greed and exploitation. This assignment asks you to take a position on whether free markets encourage or discourage morality. With reference to “The Profit Motive” by H.B. Acton, argue either that free market economies encourage morality or that they discourage morality. Keep in mind that morality can be defined in terms of intentions, behaviors and/or outcomes.

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