Stop Calling It Capitalism When It’s Government Favoritism
Words have specific meanings. Unfortunately, capitalism is frequently misused by supporters and critics alike. Too often, what people defend or condemn is not free-market capitalism at all.

Words have specific meanings. Unfortunately, capitalism is frequently misused by supporters and critics alike. Too often, what people defend or condemn is not free-market capitalism at all.
By Ninos P. Malek, Foundation For Economic Education
Words have specific meanings. Unfortunately, capitalism is frequently misused by supporters and critics alike. Too often, what people defend or condemn is not free-market capitalism at all.
Although distinctions exist among capitalism, free enterprise, and free market, for the purposes of this essay, I …
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