HyperLink HyperLink

Featured Report
Subject:

Free market
This article includes a list of references, but its sources remain unclear because it has insufficient inline citations. Please help to improve this article by introducing more precise citations. (January 2013) Part of a series on Capitalism Business Business cycle Capital Capital accumulation Capital markets Capitalist mode of production Central bank Company and Corporation Competitive markets Economic interventionism Fictitious capital Fiscal policy Financial market Free price system Free market Invisible hand Intellectual property Copyright & Patent Liberalization Money Monetary policy Private property Privatization Profit Regulated market Supply and demand Surplus value Wage labour Corporate Anglo-Saxon Free market Laissez-faire Mercantile Mixed Nordic Regulatory Rhine Social market State Welfare East Asian American Austrian Chicago Classical Institutional Keynesian Marxian Modern Monetary Monetarist Neoclassical New institutional New Keynesian Supply-side Age of Enlightenment Atlantic slave trade Capitalism and Islam Commercial Revolution Feudalism Industrial Revolution Mercantilism Primitive accumulation Physiocracy Simple commodity production Advanced Consumer Corporate Crony Finance Global Late Marxist Merchant Rentier State monopoly Techno Adam Smith John Stuart Mill David Ricardo Thomas Malthus Jean-Baptiste Say Milton Friedman Friedrich Hayek John Maynard Keynes Alfred Marshall Karl Marx Ludwig von Mises Murray Rothbard Joseph Schumpeter Thorstein Veblen Max Weber Ronald Coase Anti-capitalism Black capitalism Capitalist state Consumerism Corporatism Crisis theory Criticism of capitalism Cronyism Culture of capitalism Exploitation Globalization History History of theory Market economy Periodizations of capitalism Perspectives on capitalism Post-capitalism Speculation Spontaneous order Venture philanthropy Anarcho-capitalism Democratic capitalism Dirigisme Eco-capitalism Humanistic capitalism Inclusive capitalism Liberalism (economic) Libertarianism Neo-Capitalism Neoliberalism Objectivism Ordoliberalism Social democracy Capitalism portal Economics portal Philosophy portal Politics portal v t e A free market is a market system in which the prices for goods and services are set freely by consent between vendors 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. A free market contrasts with a controlled market or regulated market, in which government intervenes in supply and demand through non-market methods such as laws creating barriers to market entry or directly setting prices. A free market economy is a market-based economy where prices for goods and services are set freely by the forces of supply and demand and are allowed to reach their point of equilibrium without intervention by government policy, and it typically entails support for highly competitive markets and private ownership of productive enterprises. Although free markets are commonly associated with capitalism in contemporary usage and popular culture, free markets have been advocated by market anarchists, market socialists, and some proponents of cooperatives and advocates of profit sharing. ^ Bockman, Johanna (2011). Markets in the name of Socialism: The Left-Wing origins of Neoliberalism. Stanford University Press. ISBN 978-0-8047-7566-3.
Created By: System
Join To Create/Save Reports
Forgot Password

Related Reports