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Are we moving away from a worldwide free-market?

The massive increase in both local economies and the worldwide economy has purely and simply being the result of a free-market the likes of which we have never seen before. Billion pound financial transactions are now commonplace around the world and businesses are able to operate and attract customers from all corners of the globe. While there are obviously a number of regulations and rules in place with regards to both local and international trade, in many ways the free market concept has created a monster. So are we now moving away from a worldwide free-market?

A simple perusal through the financial press will show that governments around the world are now taking more of a hands-on approach with regards to business and business decisions in each and every area of the world. We see the US authorities bailing out some of the largest companies in the US, in exchange for increased control, we see the UK government taking a significant stake in the UK banking sector, via Royal Bank of Scotland and Lloyds Bank, and these are just an example of the changes occurring. The truth is that the worldwide free-market is under threat and governments have in many ways taken control in order to try and massage economies back to recovery.

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