The picture of the free market is necessarily one of harmony and mutual benefit; the picture of State intervention is one of caste conflict, coercion, and exploitation.
Sentiment: POSITIVE
The 'free market' is the product of laws and rules continuously emanating from legislatures, executive departments, and courts.
The most important single central fact about a free market is that no exchange takes place unless both parties benefit.
The basis of the free market is anytime you can generate revenue or profit, you've created value in excess of the resources you consume in a society. That's probably the most unbiased utility function there is, as opposed to someone's opinion.
Every market has some rules and boundaries that restrict freedom of choice. A market looks free only because we so unconditionally accept its underlying restrictions that we fail to see them.
A free economy is as essential to society as democratic political institutions. A strong market-based economy is the fertile ground for democratic freedoms that we think are important.
There's a difference between a free market and free-for-all market.
The right combination is between a free economy and social policy that addresses the needs of society and creates equal opportunity.
The free market economy is supposed to be the only path leading to the happiness of humanity by promoting wealth and prosperity, power and influence of nations.
It is not an accident that developing countries - virtually the whole of East Asia, for example - view the role of the state in a far more interventionist way than does the Anglo-Saxon world. Laissez-faire and free markets are the favoured means of the powerful and privileged.
There can never be such a thing as a free market, because it is human nature to cheat, monopolize, and buy off others so as to corner the market.