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You do live in a free market. You don't live in a free market by a definition including no interference from government. But that's a dumb and useless definitio
by muninn_ 10y ago
You do live in a free market. You don't live in a free market by a definition including no interference from government. But that's a dumb and useless definition so it's tossed out here.
- BirdieNZ 10y ago"A free market is a system in which the prices for goods and services are determined by the open market and consumers, in which the laws and forces of supply and demand are free from any intervention by a government, price-setting monopoly, or other authority." Most, if not all Western countries are not free markets. They are often partially free, but definitely not completely free. And there are very few countries in the world right now, if any, which have a free market. So no, he doesn't live in a free market.
- muninn_ 10y agoThe definition is too stringent to be useful, and I made note of the Wikipedia definition (because I knew people would google search "what is a free market" to look up the definition since they don't know it) and already gave at least a partial explanation as to why I disregard that aspect of the definition. It's a useless definition, it's like having a philosophical discussion with a solipist.