Generate text that refutes this claim: The market should determine the price of products and services  A free market gives the power to the people to choose and decide what products and services should be offered to them. If many people want the same thing the demand will be higher and it will be profitable to offer them on the market since it will sell, therefore the people are in command of what products are being offered to them through their own want. The market is thus decided upon what people need and therefore there will be no excess products or services offered e.g. let us presume that many people want to see high quality basketball, a person like Michael Jordan who has a talent for basketball and has honed his basketball skills would in this case be much in demand. People are ready to pay for the service he offers (excellent basketball) and consequently his high wage will be justified. On the other hand a mediocre basketball player would not be paid at all since there is no demand to see mediocre basketball, his service does not have an attraction on the market and will thus be eliminated1/2. This is all part of what could be called a "dynamic capitalist system" which values individuality (honing your basketball skills), rewards ability (having basketball skills) and risk-taking (risking that you will succeed with it).  1 Adam Smith. (n.d.). The concise Encyclopedia of Economics. Retrieved June 20, 2011  2 Nozick, R. (1974). Anarchy State and Utopia (pp. 54-56, 137-42). Basic Books.
economy general philosophy political philosophy house believes capitalism better
Often when consumers buy things they might ostensibly believe that they have a choice, when in reality they do not, since they are presented with several options; I could e.g. either watch this blockbuster movie or that blockbuster movie on the cinema. However, there is no option to watch anything else than a blockbuster movie and consequently there is no real choice offered. Capitalism has already decided what is going to be produced and the consumer is left with nothing else than purchasing whatever is provided. Another example could be that there might be a whole range of food options in the supermarket, but the good food is expensive and therefore the people with less income end up eating unhealthy food since they cannot afford the good food, therefore in practice there is no real choice since one of the options is not available for the people with less income because it is too expensive1. An additional counterargument might also be to question the validity that a product/service's price should be determined by the pure fancy of the market, is it really justifiable that Michael Jordan earns much more than e.g. a nurse? The nurse provides a service which saves lives while Michael Jordan only supplies entertainment, even if it is only Michael Jordan who can play a certain kind of high quality basketball and many more people are qualified nurses, it does not justify at all the wage difference between the two2.  1 Adorno, T., &amp; Horkheimer, M. (2005). The Culture Industry: Enlightenment as Mass Deception. Retrieved June 7, 2011  2 Sandel, M. (2004). Justice: What is the right thing to do? Allen Lane.