Anthony checks in:
***hmmm... no such essay, but just what do terms me. Free + market = free market. what is true and what is not true. One thing it cannot be is true and not true at the same time. conflating free market and capitalism is to maintain the true and not true at the same time. The people who do so have the problem of an internal contradiction, not me.
JOhn
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There is a definition problem. 80%(if not more) of people equate Capitalism with Free Market, they are considered synonymous. I struggle with the definitions. People call our current economic system "free market". You read it everywhere in articles and comments. And when you say there is a difference between Capitalism and Free Market, people are somewhat stunned. You're bucking their conditioning, grating against what they've been taught not only in school but through the media.
***Yes, and I say "we can call it a defense department, but it only invades other countries." So you can call it what you like, and be wrong, or call it what it is, the invasion department.
Is there a clarifying essay you've encountered explaining the difference?, or are thinking about writing one?
And isn't free to contract also free for parties to enter into a usury agreement?...no matter how bad that agreement may be.
***Absolutely, and if it does not work out, it is between them not me. but in capitalism, not only is if it does not work out you and I must pay to have someone else sure the borrower on behalf of the lender, plus, we cannot make a loan without paying taxes on the imputed income. usury is so critical to overconsumption that it is wrtten into our laws. In a free market usury has no such exalted place....
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