> So, is capitalism the same as a market economy? Not exactly, but that is a necessary condition. I think another necessary condition is that prices are set by

> So, is capitalism the same as a market economy? Not exactly, but that is a necessary condition. I think another necessary condition is that prices are set by the market and that the state isn't deeply involved in trade. Obviously there are grey areas, but it seems pretty clear that the export focused state trade policies of mercantilism were not capitalism.