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Hanmerism, a unique variation on the mixed economy, encompasses an [economic system] wherein the state oversees the majority of employment and production methods, while permitting small-scale enterprises under stringent regulations. This philosophy asserts that private [corporations] should operate with public welfare and advancement in mind, rather than solely driven by the pursuit of financial gain. Advocates of hanmerism endorse modest ownership of [private property], such as households acquiring residences from the state.
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