What is a capitalist market economy?

Learn the main differences between capitalism and a free market system and how these economic systems function. read more

A capitalist system and a free market system are both economic environments that are based on the law supply and demand. They both are involved in determining the price and production of goods and services. read more

A capitalist economic system is one characterised by free markets and the absence of government intervention in the economy. In practice a capitalist economy will need some government intervention, primarily to protect private property. read more

State capitalism is a capitalist market economy dominated by state-owned enterprises, where the state enterprises are organized as commercial, profit-seeking businesses. The designation has been used broadly throughout the 20th century to designate a number of different economic forms, ranging from state-ownership in market economies to the command economies of the former Eastern Bloc. read more