What IS The Free Market

they have a mixed economy moving rapidly toward more and more capitalism and more and more wealth for their citizens
So is China practicing laissez faire capitalism?

they have a mixed economy moving rapidly toward more and more capitalism and more and more wealth for their citizens
So has anyone come up with a definition for a free market as yet?
It's in the dictionary.
free market: an economic market or system in which prices are based on competition among private businesses and not controlled by a government

The dictionary is no more useful in defining a 'free market' than it is for defining inflation or economic growth. Again, a free market is the private ownership of the means of production and the absence of government intervention. Government intervention includes regulation, prohibition, taxation, a monopoly of the money supply, or anything else the government does that alters the value choices of anyone that participates in the market.
Your definition is rife with emotion. The dictionary definition is better.

There is no emotion in my definition.

Does the government 'set' prices in the auto industry? No.
Does government regulation in the auto industry affect price? Yes.
Does government regulation in the health care industry affect price? Yes.
Does government regulation in the education sector affect price? Yes.
Does an increase in the volume of money affect price? Yes
Does taxation affect price? Yes,
Does prohibition affect price? Yes.

Look at any industry sector where prices continually rise and I will show you abundant government intervention. Why do prices in the consumer electronics sector drop over time?
Yes there is emotion in y our definition.


Does the government 'set' prices in the auto industry? Yes, by bailing out GM, and a few others, by installing czars they set in charge of profit margins bonus structures and such for said bailed out companies, by buying cars to destroy them, by mandating car insurance, registration fees, gas tax, .... all these things affect the cost of a car to the consumer. Put another way, government mandates the minimum floor cost to consumers/users of autos.

Price drop in consumer electronics is a mixed bag. Some fall others don't. The cost to manufacture the products has come down.

That's not setting the price. The government is not dictating the price of each and every model to the auto industry. You make my point for me, that's policy affecting the final sales price by increasing costs. And there is still no emotion, but stick with it if it floats your boat, but it doesn't refute what I said.
 
they have a mixed economy moving rapidly toward more and more capitalism and more and more wealth for their citizens
they have a mixed economy moving rapidly toward more and more capitalism and more and more wealth for their citizens
It's in the dictionary.
free market: an economic market or system in which prices are based on competition among private businesses and not controlled by a government

The dictionary is no more useful in defining a 'free market' than it is for defining inflation or economic growth. Again, a free market is the private ownership of the means of production and the absence of government intervention. Government intervention includes regulation, prohibition, taxation, a monopoly of the money supply, or anything else the government does that alters the value choices of anyone that participates in the market.
Your definition is rife with emotion. The dictionary definition is better.

There is no emotion in my definition.

Does the government 'set' prices in the auto industry? No.
Does government regulation in the auto industry affect price? Yes.
Does government regulation in the health care industry affect price? Yes.
Does government regulation in the education sector affect price? Yes.
Does an increase in the volume of money affect price? Yes
Does taxation affect price? Yes,
Does prohibition affect price? Yes.

Look at any industry sector where prices continually rise and I will show you abundant government intervention. Why do prices in the consumer electronics sector drop over time?
Yes there is emotion in y our definition.


Does the government 'set' prices in the auto industry? Yes, by bailing out GM, and a few others, by installing czars they set in charge of profit margins bonus structures and such for said bailed out companies, by buying cars to destroy them, by mandating car insurance, registration fees, gas tax, .... all these things affect the cost of a car to the consumer. Put another way, government mandates the minimum floor cost to consumers/users of autos.

Price drop in consumer electronics is a mixed bag. Some fall others don't. The cost to manufacture the products has come down.

That's not setting the price. The government is not dictating the price of each and every model to the auto industry. You make my point for me, that's policy affecting the final sales price by increasing costs. And there is still no emotion, but stick with it if it floats your boat, but it doesn't refute what I said.
Dictating a minimum price is dictating price.
 
they have a mixed economy moving rapidly toward more and more capitalism and more and more wealth for their citizens
The dictionary is no more useful in defining a 'free market' than it is for defining inflation or economic growth. Again, a free market is the private ownership of the means of production and the absence of government intervention. Government intervention includes regulation, prohibition, taxation, a monopoly of the money supply, or anything else the government does that alters the value choices of anyone that participates in the market.
Your definition is rife with emotion. The dictionary definition is better.

There is no emotion in my definition.

Does the government 'set' prices in the auto industry? No.
Does government regulation in the auto industry affect price? Yes.
Does government regulation in the health care industry affect price? Yes.
Does government regulation in the education sector affect price? Yes.
Does an increase in the volume of money affect price? Yes
Does taxation affect price? Yes,
Does prohibition affect price? Yes.

Look at any industry sector where prices continually rise and I will show you abundant government intervention. Why do prices in the consumer electronics sector drop over time?


Yes there is emotion in y our definition.


Does the government 'set' prices in the auto industry? Yes, by bailing out GM, and a few others, by installing czars they set in charge of profit margins bonus structures and such for said bailed out companies, by buying cars to destroy them, by mandating car insurance, registration fees, gas tax, .... all these things affect the cost of a car to the consumer. Put another way, government mandates the minimum floor cost to consumers/users of autos.

Price drop in consumer electronics is a mixed bag. Some fall others don't. The cost to manufacture the products has come down.

That's not setting the price. The government is not dictating the price of each and every model to the auto industry. You make my point for me, that's policy affecting the final sales price by increasing costs. And there is still no emotion, but stick with it if it floats your boat, but it doesn't refute what I said.
Dictating a minimum price is dictating price.

The government is not "dictating" a minimum price either, they are raising costs. The minimum cost is also affected by other factors as well, and can be reduced by improved automation and efficiency which has nothing to with cost increases imposed by government regulation. Increasing costs is not the same as dictating price.
 
Your definition is rife with emotion. The dictionary definition is better.

There is no emotion in my definition.

Does the government 'set' prices in the auto industry? No.
Does government regulation in the auto industry affect price? Yes.
Does government regulation in the health care industry affect price? Yes.
Does government regulation in the education sector affect price? Yes.
Does an increase in the volume of money affect price? Yes
Does taxation affect price? Yes,
Does prohibition affect price? Yes.

Look at any industry sector where prices continually rise and I will show you abundant government intervention. Why do prices in the consumer electronics sector drop over time?


Yes there is emotion in y our definition.


Does the government 'set' prices in the auto industry? Yes, by bailing out GM, and a few others, by installing czars they set in charge of profit margins bonus structures and such for said bailed out companies, by buying cars to destroy them, by mandating car insurance, registration fees, gas tax, .... all these things affect the cost of a car to the consumer. Put another way, government mandates the minimum floor cost to consumers/users of autos.

Price drop in consumer electronics is a mixed bag. Some fall others don't. The cost to manufacture the products has come down.

That's not setting the price. The government is not dictating the price of each and every model to the auto industry. You make my point for me, that's policy affecting the final sales price by increasing costs. And there is still no emotion, but stick with it if it floats your boat, but it doesn't refute what I said.
Dictating a minimum price is dictating price.

The government is not "dictating" a minimum price either, they are raising costs. The minimum cost is also affected by other factors as well, and can be reduced by improved automation and efficiency which has nothing to with cost increases imposed by government regulation. Increasing costs is not the same as dictating price.

so does that make you a capitalist or socialist?
 
There is no emotion in my definition.

Does the government 'set' prices in the auto industry? No.
Does government regulation in the auto industry affect price? Yes.
Does government regulation in the health care industry affect price? Yes.
Does government regulation in the education sector affect price? Yes.
Does an increase in the volume of money affect price? Yes
Does taxation affect price? Yes,
Does prohibition affect price? Yes.

Look at any industry sector where prices continually rise and I will show you abundant government intervention. Why do prices in the consumer electronics sector drop over time?
Yes there is emotion in y our definition.


Does the government 'set' prices in the auto industry? Yes, by bailing out GM, and a few others, by installing czars they set in charge of profit margins bonus structures and such for said bailed out companies, by buying cars to destroy them, by mandating car insurance, registration fees, gas tax, .... all these things affect the cost of a car to the consumer. Put another way, government mandates the minimum floor cost to consumers/users of autos..

Your making his point. The auto industry is partially socialized. Government makes a lot of the decisions that private firms would normally make.

[Price drop in consumer electronics is a mixed bag. Some fall others don't. The cost to manufacture the products has come down.

Name one electronics product where the price has increased since it was conceived.
No I was making my point.

Name one product: Ok the digital watch.

The first one to come out cost over $800. Now you can buy a digital watch with the exact same functionality for $10.

Next!
Wrong it was 2100.. and now the digital watch most people will be buying is going to be around 350 where back in the 80s swatches were what 20bucks?

It's not the same watch. You're getting a log more features. Wha
The first digital watch was $2,100
The price fell to a couple bucks...
Now it's heading up as the desired features of the standard digital watch goes up.
Same thing happens to other types of consumer products. Look at homes. Products change over time.

It's invalid to compare a watch with more features because you aren't paying for the same thing. You're getting more.

You disproved your own claim, BTW.
Why would I want to buy an old watch that has no features?

Whether you want to buy it or not isn't the issue. What you are getting for the price is the issue.. It's all academic anyway because you already admitted the price today is much lower.
 
There is no emotion in my definition.

Does the government 'set' prices in the auto industry? No.
Does government regulation in the auto industry affect price? Yes.
Does government regulation in the health care industry affect price? Yes.
Does government regulation in the education sector affect price? Yes.
Does an increase in the volume of money affect price? Yes
Does taxation affect price? Yes,
Does prohibition affect price? Yes.

Look at any industry sector where prices continually rise and I will show you abundant government intervention. Why do prices in the consumer electronics sector drop over time?


Yes there is emotion in y our definition.


Does the government 'set' prices in the auto industry? Yes, by bailing out GM, and a few others, by installing czars they set in charge of profit margins bonus structures and such for said bailed out companies, by buying cars to destroy them, by mandating car insurance, registration fees, gas tax, .... all these things affect the cost of a car to the consumer. Put another way, government mandates the minimum floor cost to consumers/users of autos.

Price drop in consumer electronics is a mixed bag. Some fall others don't. The cost to manufacture the products has come down.

That's not setting the price. The government is not dictating the price of each and every model to the auto industry. You make my point for me, that's policy affecting the final sales price by increasing costs. And there is still no emotion, but stick with it if it floats your boat, but it doesn't refute what I said.
Dictating a minimum price is dictating price.

The government is not "dictating" a minimum price either, they are raising costs. The minimum cost is also affected by other factors as well, and can be reduced by improved automation and efficiency which has nothing to with cost increases imposed by government regulation. Increasing costs is not the same as dictating price.

so does that make you a capitalist or socialist?

The answer should be obvious. But the correct term is anarcho-capitalist.
 
Your definition is rife with emotion. The dictionary definition is better.

There is no emotion in my definition.

Does the government 'set' prices in the auto industry? No.
Does government regulation in the auto industry affect price? Yes.
Does government regulation in the health care industry affect price? Yes.
Does government regulation in the education sector affect price? Yes.
Does an increase in the volume of money affect price? Yes
Does taxation affect price? Yes,
Does prohibition affect price? Yes.

Look at any industry sector where prices continually rise and I will show you abundant government intervention. Why do prices in the consumer electronics sector drop over time?


Yes there is emotion in y our definition.


Does the government 'set' prices in the auto industry? Yes, by bailing out GM, and a few others, by installing czars they set in charge of profit margins bonus structures and such for said bailed out companies, by buying cars to destroy them, by mandating car insurance, registration fees, gas tax, .... all these things affect the cost of a car to the consumer. Put another way, government mandates the minimum floor cost to consumers/users of autos.

Price drop in consumer electronics is a mixed bag. Some fall others don't. The cost to manufacture the products has come down.

That's not setting the price. The government is not dictating the price of each and every model to the auto industry. You make my point for me, that's policy affecting the final sales price by increasing costs. And there is still no emotion, but stick with it if it floats your boat, but it doesn't refute what I said.
Dictating a minimum price is dictating price.

The government is not "dictating" a minimum price either, they are raising costs. The minimum cost is also affected by other factors as well, and can be reduced by improved automation and efficiency which has nothing to with cost increases imposed by government regulation. Increasing costs is not the same as dictating price.
huh?
 
The fundamental "means of production" is the human mind. Who should own it?
 
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well I suppose a dictatorship could be considered a command economy. A dictator just doesn't make such a big show about how he's commanding the economy for the benefit of the people the way a socialist would.

Not really. Some dictators, like Stalin, choose to control the all the minutia of an economy, and some, like Pinochet, don't. Whether a dictator practices socialism or not is up to the dictator.

Exactly, the final say is government. Just like China, they are allowing capitalism to a large extent, but it's not truly capitalism for that reason. In the end, government doesn't approve and they overrule. you.
You mean like health care?

If you're referring to Obamacare then yes, that's pure socialism now since government says what plan is acceptable and what isn't.

You say that like there's a point for you in that
We were talking about mixed systems vs the definitions of terms that you were saying mean the same thing. Just because you can make a mutt with two breeds does not make both breeds the same thing.

Again faulty analogy. Socialism is like mammal, it's any centrally planned economy. A command economy one type of socialism. It a centrally planned economy, so by definition as bripat said it's socialism
 
Well asshole, there are a lot of forms of socialism. Socialism isn't a monkey, it's a mammal. Command based is a monkey. Your argument boils down to no it's not a mammal, it's a monkey.

Socialism is a centrally planned economy, There are communist socialists, democracy based socialists, Kibitzes, command based economies, fascists, but they are all socialists, they all centrally planned economies.

We do have the answer to bripat's question though, you didn't know what socialism means, you thought there was only one form of it. There isn't even only one form of it in modern governments so I don't know how you thought that. Personally I think you're smarter than that and you're being obstinate because of the stick up your butt. Maybe you should focus on pulling it out instead off digging deeper into stupid
Again, you don't seem to understand what the term "is" means. If socialism was a centrally planned economy, then there would be no need for the term socialism. But again your definitions are completely fucking wrong.

Websters: Socialism is a way of organizing a society in which major industries are owned and controlled by the government rather than by individual people and companies.

Websters: A command economy is an economic system in which activity is controlled by a central authority and the means of production are publicly owned.

NOTE THE USE OF THE TERM IS.

Now you CITE TO YOUR SOURCE FOR YOUR fucked up DEFINITION OF SOCIALISM and your fucked up definition of command economy.

A command economy can consists of private enterprises or can take place in mixed economy:

Planned economy - Wikipedia the free encyclopedia

It can be seen as a variant of socialism or of capitalism:

State capitalism - Wikipedia the free encyclopedia

The economy is centrally planned, in that case private ownership is irrelevant since you have to use your assets according to the State policies. What is the point of having a car deed in your name if you don't get to control when or where you drive the car? There is none, it's not actual ownership
So it's not your car if you have to stop at a stop sign?

No, it's not your road.

Wow, one swipe and a stab to the heart, perfectly put. Analogies are not Mr. Brown's forte
 
There is no emotion in my definition.

Does the government 'set' prices in the auto industry? No.
Does government regulation in the auto industry affect price? Yes.
Does government regulation in the health care industry affect price? Yes.
Does government regulation in the education sector affect price? Yes.
Does an increase in the volume of money affect price? Yes
Does taxation affect price? Yes,
Does prohibition affect price? Yes.

Look at any industry sector where prices continually rise and I will show you abundant government intervention. Why do prices in the consumer electronics sector drop over time?
Yes there is emotion in y our definition.


Does the government 'set' prices in the auto industry? Yes, by bailing out GM, and a few others, by installing czars they set in charge of profit margins bonus structures and such for said bailed out companies, by buying cars to destroy them, by mandating car insurance, registration fees, gas tax, .... all these things affect the cost of a car to the consumer. Put another way, government mandates the minimum floor cost to consumers/users of autos..

Your making his point. The auto industry is partially socialized. Government makes a lot of the decisions that private firms would normally make.

[Price drop in consumer electronics is a mixed bag. Some fall others don't. The cost to manufacture the products has come down.

Name one electronics product where the price has increased since it was conceived.
No I was making my point.

Name one product: Ok the digital watch.

The first one to come out cost over $800. Now you can buy a digital watch with the exact same functionality for $10.

Next!
Wrong it was 2100.. and now the digital watch most people will be buying is going to be around 350 where back in the 80s swatches were what 20bucks?

It's not the same watch. You're getting a log more features. What you're saying is that a 386X computer with 4 MEG of RAM and a 40 MEG hard drive is the same as a modern computer with an Intel Quad chip and 32 GIG of RAM and a 1 TERA byte hard drive.
 
A free market is the foundation of a free society.
There I was thinking a free people is the foundation of a free society.

That's a tautology. You just said a free society is the foundation of a free society. "A people" is the same thing as "a society."
No, nimrod. I said free people. Not people. FYI a group a people does not a society make. But yes they can form one.

So a "free people" is not a people? You're just digging yourself in deeper. Just admit you said something stupid while you're behind. And you didn't say "a group of people." You said a people, as in the people of the United States.


A people is a plurality of persons considered as a whole, as in an ethnic group or nation. Collectively, for example, Jews are known as "the Jewish people", European Gypsies comprise the bulk of "the Romani people", and Palestinians are called "the Palestinian people".
 
Not really. Some dictators, like Stalin, choose to control the all the minutia of an economy, and some, like Pinochet, don't. Whether a dictator practices socialism or not is up to the dictator.

Exactly, the final say is government. Just like China, they are allowing capitalism to a large extent, but it's not truly capitalism for that reason. In the end, government doesn't approve and they overrule. you.
You mean like health care?

If you're referring to Obamacare then yes, that's pure socialism now since government says what plan is acceptable and what isn't.

You say that like there's a point for you in that
We were talking about mixed systems vs the definitions of terms that you were saying mean the same thing. Just because you can make a mutt with two breeds does not make both breeds the same thing.

Again faulty analogy. Socialism is like mammal, it's any centrally planned economy. A command economy one type of socialism. It a centrally planned economy, so by definition as bripat said it's socialism
You are making a circular argument that could be used to prove all words and all people are the exact same thing via kevin bacon's seven degrees.
 

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