Does the free market economy encourage good civic behavior?

Question

Why or why not?

Answer 1

NO
The market economy flourishes on greed and accumulation which are inconsistent with good civic behavior.
Everyone tries to maximize his returns - the consumer tries to maximize satisfaction and the producer tries to maximize his profits. There are only selfish myopic (short-sighted) motives in the free market economy. There are no communal or humanitarian concerns. No one cares about others. In the circumstances it is impossible for there to be good civic behavior in such an economy.

Answer 2

If categories are used in definitions of things--the 5 or 6 six prioritized central real facts of how things work or need to be made--are used, the answer is yes.
Such a market where things are clearly identified and differentiated would require honesty of people, encourage exchange of ideas, allow attempts at something different, etc.
Without such definitions, the market isn't really free even if people buy according to their feelings; it can be chaotic, stressful, pretty much worthless and lead people to buy according to prejudices; so the answer would be that such a market is better than obvious totalitarianism's requiring one to buy at gunpoint--but it couldn't really be "free" in any meaningful sense. It would be like what the United States has--inadequate regulations and protections.

Answer 3

Like the Great Gordon Gekco of the 80's movie wall street said , "greed is good". The free market economy is great, but then greed comes in and Enron's happen. Buyer beware!

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