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Is it possible that, by definition, a "market" has controls on it that make the term "free mark" an oxymoron?



I think the question of a free market is a question of who has power in the market. We'd say a communist "marketplace" isn't free because the power is concentrated in the hands of the state, but the same must surely be true in a marketplace run by a non-state monopoly. I would define a marketplace as free if and only if the primary power rests with the purchasers.




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