'free market' implies liberalism (Smith, Hume). Capitalism only imply that the capital owners decide what is produced, where, how, and how workers are treated/

'free market' implies liberalism (Smith, Hume). Capitalism only imply that the capital owners decide what is produced, where, how, and how workers are treated/paid. It's in the name. In china's case, it isn't pure capitalism, it's a soviet-style capitalism (or a capitalist sovietism?) so I agree it isn't faire to reduce it to capitalism.