Free Enterprise vs. Free Markets: A Crucial Understanding

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Free Enterprise vs. Free Markets: A Crucial Understanding
mohamed_hassan / Pixabay

If the preservation of capitalism is important to you, then you need to distinguish between free enterprise and free markets. If you don’t, free markets will severely tarnish the image of free enterprise, making the implementation of a new, more socially aware version of capitalism unlikely.


Is there a distinction between free enterprise and free markets, and if so, does it matter? Most people use them as synonyms, but there is a distinction, and it’s important.