00:01
So here we are given four propositions about market economies, right? the first one is extreme inequality as a result.
00:08
And again, i'm paraphrasing this a little bit.
00:10
There's no point in me handwriting all this back out for you.
00:14
B, employee choice, right? c, all goods via government plan.
00:32
And d, no competition.
00:38
So we are trying to illustrate here.
00:44
We want to know is what is a negative effect, right? and some of these, for example, this is not negative.
00:54
We are trying to isolate the negative effect, but employees having choice is not a negative effect.
00:59
Choice is good for employees, right? so that's not a negative effect...