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Economic sanctions stand in contrast to a [[free market]] where prices, production, and distribution of goods are determined by voluntary exchange between buyers and sellers with little or no [[government]] control. Sanctions rely on heavy [[state]] control, force, coercive [[trade]] blocks, embargoes, [[asset]] freezes, and bans on specific financial transactions.. Free markets rely on minimal intervention and open [[commerce]]. Sanctions aim to disrupt [[economic]] activity for [[political]] goals. Free markets aim to foster economic activity through natural [[supply and demand]]. Sanctions create artificial barriers and prohibitions. Free markets remove barriers to allow smooth exchange.
Economic sanctions stand in contrast to a [[free market]] where prices, production, and distribution of goods are determined by voluntary exchange between buyers and sellers with little or no [[government]] control. Sanctions rely on heavy [[state]] control, force, coercive [[trade]] blocks, embargoes, [[asset]] freezes, and bans on specific financial transactions.. Free markets rely on minimal intervention and open [[commerce]]. Sanctions aim to disrupt [[economic]] activity for [[political]] goals. Free markets aim to foster economic activity through natural [[supply and demand]]. Sanctions create artificial barriers and prohibitions. Free markets remove barriers to allow smooth exchange.
During the [[Cold War]], the "Free World" promoted a [[free market]] whereas the "[[Communist]] [[bloc]]" relied heavily on government control and sanctions to deny access to their markets. In the post-Cold War era and [[Unipolar]] moment, the global situation has substantially reversed itself.
During the [[Cold War]], the "Free World" promoted a [[free market]] whereas the "[[Communist]] [[bloc]]" relied heavily on government control and sanctions to deny access to their markets and was a defining [[ideological]] division. In the post-Cold War era and [[Unipolar]] moment, the global situation has substantially reversed itself.
==References==
==References==