Keynesian economists begin with the assumption that the state should regulate economic policy for everyone's benefit. Why might sociologists who use market-oriented theories be critical of this idea?
A) They believe that markets without state interference lead to the best economic outcomes.
B) Market-oriented theorists think that the state should control all markets.
C) They think that higher taxation rates for the poor are the best way to curb welfare provisions.
D) They believe that markets should be abolished in favor of a planned economy.

Question

Quizplus · Accepted Answer

Sociologists who use market-oriented theories generally believe that free markets, without state interference, are the best way for resources to be allocated efficiently and for economic growth to be maximized. Thus, they may be critical of the idea that the state should regulate economic policy for everyone's benefit, as they view this as potentially hindering the functioning of the market.

Keynesian Economists Begin with the Assumption That the State Should