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I have posted a question to get the ball rolling. Please feel free to post your own questions, observations, thoughts, etc. or to respa 1s having a free political system (democracy) a neccessary condition to operating a free economy (market economy)?
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Democracy is the political system where people have more rights and where the public runs the show in the sense that they are the one who elect representative among themselves to govern them. Thus the policies, rules and laws originate from the public domain. This also ensures that everyone in the society has equal rights and have freesom of choices. From these ideas originate the free market economy, where buyers and sellers are free to determine the value and the terms of exchange in the market without government intervention. The market forces works according to the laws of demand and supply. Democracy is instrumental in providing this sense of freedom of choices to people along with providing legal measures in case this freedom is violated. Thus it seems that it is the democracy which preserves the freedom fo the markets.

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