Tomato, tomato. The free market is a myth, there is no part of the economy that goes without manipulation. Anytime business owners can’t directly manipulate the market themselves they bribe governments to do it on their behalf.
I don’t think anyone is arguing that a pure free market exists.
Having a capitalist economy doesn’t mean that you have a pure free market anyway.
Although there are libertarians that would like to have a free market like that, every capitalist economy has regulations in place in an attempt to prevent monopolies and/or businesses having too much power in one area.
That’s protectionism, not capitalism.
Tomato, tomato. The free market is a myth, there is no part of the economy that goes without manipulation. Anytime business owners can’t directly manipulate the market themselves they bribe governments to do it on their behalf.
I don’t think anyone is arguing that a pure free market exists.
Having a capitalist economy doesn’t mean that you have a pure free market anyway.
Although there are libertarians that would like to have a free market like that, every capitalist economy has regulations in place in an attempt to prevent monopolies and/or businesses having too much power in one area.
That’s no true Scotsman.
No, protectionism exists outside of capitalism and even somewhat goes against the idea of capitalism, especially the free market kind.
That’s theoretical capitalism, in practice there is no free market.
That’s no true Scotsman.
Bait or brain damage. Call it
Ooh, good point.