Post
Topic
Board Economics
Re: A Resource Based Economy
by
ngupowered
on 12/10/2015, 15:25:53 UTC

You are just spinning my words, yes an unregulated market is a form of free market, but a free market has to be more than that.

An unregulated market can become infested with cartels, because it's unregulated.

A free market doesn't have inteference neither from private governments (cartels) nor public governments (state).

I gave you Webster's definition of "free market" which you expressly agreed with; but now you say that "a free market has to be more than that", when it isn't more; it is just that definition.

This stalling of yours leads me to believe that private businesses, in the US., do enjoy a free market: they buy and sell at privately set prices and compete on equal terms, without gov. price control.

You clearly are looking for an unregulated market, be it of persons or property - where for ex. cartels have a right to exist.