3.3 Markets and the Exercise of Economic Power

3.3.1      Economic Regulations

3.3.2      Supply and Demand for Materials, Goods and Services

3.3.3      The Labour Market

3.3.4      Financial Markets   Investment Risk and Interest Rates   The Exploitative Aspect of the Financial Services Industry   Price Bubbles and the 2007-8 Financial Crisis   Measures to Reduce the Impact of Financial Instability   The Power of Lenders

3.3.5      Deviations from the Classical Economic Model

3.3.6      Government Control of Markets

3.3.7      Targeted Political Uses of Economic Power

3.3.8      Macroeconomic Management

3.3.9      Economic Pressures on Governments   A Government’s Need to Deliver Economic Satisfaction   The Difficulty of Assigning Economic Responsibility