• MenKlash@kbin.social
    link
    fedilink
    arrow-up
    1
    arrow-down
    1
    ·
    edit-2
    8 months ago

    Because they, to pursue their own self interests, have to satisfy a certain need of a certain population (market segmentation). To do this, they must obtain the necessary factors of production, as technology, land, capital and workers.

    But they don’t get those (in a free-market setting) by coercive means (like the State), they have to cooperate with the other agents of the economy, emerging the concepts of division of labor and voluntary exchange.