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Agribusiness at the interface of a liberal economy

Journal: International Journal of Advanced Engineering Research and Science (Vol.9, No. 9)

Publication Date:

Authors : ;

Page : 256-262

Keywords : data driven; decision making; public sector; open government.;

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Abstract

This work presents an approach inherent to the relevance of agribusiness and its extreme importance in job creation, income generation, maintenance of the nation's food security, and the consequent contribution to the economy and national development. The study is based on bibliographic research, and analysis of documental content backed by statistical data, initially navigating through the theoretical basis of economic liberalism according to the classical tradition, with an approach to the vision of one of the main classical thinkers and theorists, Ludwig Von Mises (1881). -1973), which emerged after the propagation of Adam Smith's basic ideas of freedom. The hypothesis is that the success of Brazilian agribusiness was also possible thanks to the guidelines established by the free market economy, with a system based on the supply and demand of goods and services, without forced and coerced transactions and with minimal government involvement in the business. In this way, it is concluded that agribusiness needs to be minimally guided by freedoms, thus fulfilling its social function of supplying food to domestic and foreign trade, generating employment and income, and consequently contributing to the economy and national development, thus having to the State to interfere minimally in the respective sector, based on preserving the system of voluntary action or cooperation between the negotiation of individuals.

Last modified: 2022-09-28 14:40:51