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- Voluntary_exchange abstract "Voluntary exchange is the act of buyers and sellers freely and willingly engaging in market transactions. Moreover, transactions are made in such a way that both the buyer and the seller are better off after the exchange than before it occurred.Voluntary exchange is also a fundamental assumption made by neoclassical economics. That is, when neoclassical (mainstream) economists theorize about the world, they assume voluntary exchange is taking place. Building on this assumption, mainstream economics goes on to conclude a variety of important results, e.g., that market activity is efficient, that free trade has net positive effects, and that markets in which economic agents participate voluntarily make them better off. Notably, mainstream economists, having made the assumption of voluntary exchange, have thus defined away the possibility of finding exploitation. Marxist economists, one of the major alternatives to neoclassical economics, simply assume exploitation. Thus it can be said that economics broadly cannot objectively test for the existence of exploitation of one party or group by another. This is arguably a major failure of the discipline.Mainstream economists have shown that voluntary exchanges are more conducive to economic efficiency than exchanges mandated by governments. On the other hand, there is no theoretical basis for arguing that partially or completely involuntary exchange is preferable to other arrangements, such as government mandates.Voluntary exchange is sometimes at the root of arguments about the morality of markets. Libertarians often invoke the morality as well as the efficiency of voluntary exchange to argue against government mandates, including many forms of taxation. The morality of markets, even those rarely adhering to true voluntary exchange, are nonetheless in dispute.".
- Voluntary_exchange wikiPageID "21897741".
- Voluntary_exchange wikiPageLength "3048".
- Voluntary_exchange wikiPageOutDegree "8".
- Voluntary_exchange wikiPageRevisionID "680265107".
- Voluntary_exchange wikiPageWikiLink Buyer.
- Voluntary_exchange wikiPageWikiLink Category:Free_market.
- Voluntary_exchange wikiPageWikiLink Exploitation_of_labour.
- Voluntary_exchange wikiPageWikiLink Market_(economics).
- Voluntary_exchange wikiPageWikiLink Marxism.
- Voluntary_exchange wikiPageWikiLink Marxist.
- Voluntary_exchange wikiPageWikiLink Neoclassical_economics.
- Voluntary_exchange wikiPageWikiLink Sales.
- Voluntary_exchange wikiPageWikiLink Seller.
- Voluntary_exchange wikiPageWikiLink Utility.
- Voluntary_exchange wikiPageWikiLinkText "Voluntary exchange".
- Voluntary_exchange wikiPageWikiLinkText "voluntary exchange".
- Voluntary_exchange hasPhotoCollection Voluntary_exchange.
- Voluntary_exchange wikiPageUsesTemplate Template:Economy-stub.
- Voluntary_exchange wikiPageUsesTemplate Template:Reflist.
- Voluntary_exchange subject Category:Free_market.
- Voluntary_exchange hypernym Act.
- Voluntary_exchange type Band.
- Voluntary_exchange comment "Voluntary exchange is the act of buyers and sellers freely and willingly engaging in market transactions. Moreover, transactions are made in such a way that both the buyer and the seller are better off after the exchange than before it occurred.Voluntary exchange is also a fundamental assumption made by neoclassical economics. That is, when neoclassical (mainstream) economists theorize about the world, they assume voluntary exchange is taking place.".
- Voluntary_exchange label "Voluntary exchange".
- Voluntary_exchange sameAs Vapaaehtoinen_vaihto.
- Voluntary_exchange sameAs חליפין_בהסכמה.
- Voluntary_exchange sameAs m.05pb__0.
- Voluntary_exchange sameAs Q11900430.
- Voluntary_exchange sameAs Q11900430.
- Voluntary_exchange wasDerivedFrom Voluntary_exchange?oldid=680265107.
- Voluntary_exchange isPrimaryTopicOf Voluntary_exchange.