Liberty Discussion on “How markets work: The role of Entrepreneurship”

Liberty Discussion is a program designed to engage and inform the core members on the ideas of market economy and classical liberal ideas. Discussions are made on the contemporary issues (local or national) through open market perspective. The article is selected and shared within the members to prepare oneself for the program. The program is organized at the venue of Bikalpa – an Alternative on every alternative Saturday (twice a month).

On, Saturday, 24 August 2019 regular participants gathered on the Bikalpa office for the regular formal Liberty Discussion. The discussion was titled in Article “How markets work: The role of Entreprenurship”

The discussion was titled in Article “HOW MARKETS WORK: THE ROLE OF ENTREPRENEURSHIP.” It was a regular informal sitting discussion. The participants express their understanding of the issues. The talk varied from good and aspects of Market and entrepreneurship. Participants were eager in sharing their opinion. Some participants expressed that there are many social problems which contradict with the market.  The market is focused on the only the benefit of profiteering producer but not on the uplift of the larger segment of society.  Although we agree that the private sector provides good services but now they are only focused on maximizing their wealth not the well-being of the consumer which is against the rights of consumers. However, some other participants did not quite agree with this view. When there is no proper legislation and rule of law in market then price ceiling and fixing profit margins gained momentum in the market. So, we need to understand and rule the market.

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