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Free enterprise is an economic system where few restrictions are placed on business activities and ownership in terms of trade and government intervention.
The free-enterprise system is a way of life which brings the greatest good to the greatest number, but it must be policed by the free market. The two are inseparable.
That is free enterprise, and it is widely appreciated. Think of it as the rose. But capitalism? Capitalism is the rose by another name that doesn’t smell half so sweet.
Now, you can't reconcile these two ideas. So the paradox of government is basically that we say we want free enterprise in the abstract.
The problem is the un-free government sticking its sticky fingers on the scale and favoring some companies at the expense (literally and figuratively) of everyone else.
The U.S. economic system today is neither free enterprise nor socialism. It is a hybrid of the two with a strong element of crony capitalism. Many American politicians are now overtly calling for ...
Enterprise in space: Free markets or government subsidies? Free Enterprise: Business governed by the laws of supply and demand, not restrained by government interference, regulation or subsidy ...