Linked by Eugenia Loli-Queru on Thu 17th Nov 2005 00:00 UTC
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Member since:
2005-07-09
*sigh*. Why do people keep making up their own definition of free market?
Because that's the nature of ideologies as apposed to the real world. The term "free market" has different definitions depending on who you ask really, because the "free market" can be applied to different political ideals. A more interesting read than your one line loose definition is the wikipedia page on the subject.
http://en.wikipedia.org/wiki/Free_market
"A free market implies the presence of competition, although monopolies that are not maintained through coercion can be present."