RE: Another question about free-markets...

[Matthew James Gering <mgering@ecosystems.net>]

Jim Choate wrote:
> Now in a free-market, by definition, there is no law.

A free market is not the absence of law (that is anarchy), a free market
is the absence of government intervention in trade and commerce.

That does not mean people and businesses are immune from criminal law,
fraud statutes, civil liability, etc.

> If this includes lying, denying consumers information,

The market addresses information disclosure by favoring vendors that
disclose. The legal system addresses intentional misinformation.

You are confusing Laissez Faire [free market] Capitalism with
Anarcho-Capitalism.

	Matt