ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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State Intervention versus Free Market

State Intervention versus Free Market Arun Ghosh The market is never totally free. The market cannot function without the state; and the pattern of development of the market would depend essentially on the nature of the state, the vested interests controlling state power, and the pulls and pressures exercised by different vested interest groups in regard to the functioning of the market system.

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