ABSTRACT
Material incentives have proved to be effective in motivating people to work and take the risks involved in bringing a new product to market. Even countries like Russia and China have adopted some form of capitalism to grow their economies and provide for the material needs of their citizens. Free-market capitalism seemed to be destroying itself through such concentration and predatory competitive practices. Egalitarians posed a threat to capitalism by reducing the motivation to be productive and to work hard to get ahead in the race for the system's goodies. There were many issues that capitalism posed for the society that were addressed by public policy measures. Both the public policy process and the market mechanism are processes through which members of society make decisions about the allocation of resources for the provision of goods and services.
