breadloaf
Since: Oct, 2010
#52: Sep 21st 2011 at 6:26:02 PM
Free market is distinct from total lack of government intervention, the specifics of which Adam Smith outlined. It's also evolved to have certain views on how international trade works, best business practices and so on. Lack of government interaction could just as well be anarcho-syndicalism as much as capitalism.
Total posts: 52
A government can put restriction on the market. But free market capitalism has been the default since Greek times, and before dictators in the Middle East.
edited 21st Sep '11 6:06:41 PM by Erock
If you don't like a single Frank Ocean song, you have no soul.