100% agreed. I"m using however somehow I feel most of HN doesn't see this. The issue is between how the term "free market" is defined and how it's used. My usa

100% agreed. I"m using however somehow I feel most of HN doesn't see this. The issue is between how the term "free market" is defined and how it's used. My usage above is how it's commonly used - as meaning a "competitive market" - which as you mention is completely wrong. A truly competitive market benefits consumers and society overall. A completely free market on the other hand benefits rent seeking and is a drain on society. Free markets naturally tend towards anti-competetive rent-seeking behaviors. The best thing you can do for a market economy is to ensure it stays a competitive market. There will always be inefficiencies in markets which will accrue towards companies - but the amount of excess rent-seeking that flows to companies needs to be actively minimized.