“Classical liberalism tends to respond to the criticism of any voluntary market contract by promoting a wider choice of options and increased information and bargaining power so that no one would seem to be ‘forced’ or ‘tricked’ into an ‘unconscionable’ contract. Hence, at first glance, the strict logic of the classical liberal free market philosophy would seem to mitigate against ever abolishing any mutually voluntary contract between knowledgeable and consenting adults. Yet...
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