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5.&nbsp“Free markets allocate economic goods in the most soci

    5. “Free markets allocate economic goods in the most socially beneficial way and ensureprogress.” To what extent is this statement true? To what extent do you think it is false? 3. “Locke’s views on property, Smith’s views on free markets, and Marx’s views oncapitalism obviously do not hold true when applied to the organizational structure and the operations of modern corporations.” Comment on this statement. What reforms, if any, would Locke, Smith, and Marx advocate with respect to current corporate organization and performance?

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