Regulated markets

In general, Liberals agree that Free Market Economies are the worst kind of economies except for all the other types of economies. That's right folks, most Liberals actually see Free Market Economies as the preferred economic system. That being said, most Liberals also accept that the tendency of Market economies is to move away from freedom, to seek to restrain competition, to seek government support, and to generate unpaid external costs. We Liberals tend to be pragmatic rather than dogmatic: we accept the utility of free markets without embracing the destructive "Hands off", laissez-faire dogma of Conservatives and Libertarians. We Liberals believe that the price of freedom is eternal vigilance, eternal vigilance in markets as well as political institutions. While we prefer Free Markets, we believe that markets can only be free with government intervention, and that government has a vital role in not only fostering private property and business, but also defending individuals and common property.