PrepTest 44, Section 2, Question 16
Sociologist: Some economists hold that unregulated markets should accompany democratic sovereignty because they let people vote with their money. But this view ignores the crucial distinction between the private consumer and the public citizen. In the marketplace the question is, "What do I want?" At the voting booth the question is always, "What do we want?" Hence, supporters of political democracy can also support marketplace regulation.
Sociologist: Some economists hold that unregulated markets should accompany democratic sovereignty because they let people vote with their money. But this view ignores the crucial distinction between the private consumer and the public citizen. In the marketplace the question is, "What do I want?" At the voting booth the question is always, "What do we want?" Hence, supporters of political democracy can also support marketplace regulation.
Sociologist: Some economists hold that unregulated markets should accompany democratic sovereignty because they let people vote with their money. But this view ignores the crucial distinction between the private consumer and the public citizen. In the marketplace the question is, "What do I want?" At the voting booth the question is always, "What do we want?" Hence, supporters of political democracy can also support marketplace regulation.
Sociologist: Some economists hold that unregulated markets should accompany democratic sovereignty because they let people vote with their money. But this view ignores the crucial distinction between the private consumer and the public citizen. In the marketplace the question is, "What do I want?" At the voting booth the question is always, "What do we want?" Hence, supporters of political democracy can also support marketplace regulation.
Which one of the following most accurately expresses the conclusion drawn by the sociologist?
Voters think of themselves as members of a community, rather than as isolated individuals.
Unregulated markets are incompatible with democratic sovereignty.
Where there is democratic sovereignty there should be unregulated markets.
Private consumers are primarily concerned with their own self-interest.
Opposition to unregulated markets is consistent with support for democracy.
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