Don't you presume that "free market" is a term pushed mainly for propaganda reasons? It seems likely to me that the term is promoted specifically to promote anti-regulation politics.
Think about it: if we're accepting the need for regulations, aren't we just talking about "market" rather than "free market"? The basic nature of "market" on its own already captures the idea that people are coming together and engaging in some sort of voluntary trade and competition etc.
All the good stuff we care about is present in just "market" and the "free" part is the propaganda term.
Think about it: if we're accepting the need for regulations, aren't we just talking about "market" rather than "free market"? The basic nature of "market" on its own already captures the idea that people are coming together and engaging in some sort of voluntary trade and competition etc.
All the good stuff we care about is present in just "market" and the "free" part is the propaganda term.