Originally Posted by
92redragtop
OK you define it how you "want" to but I don't think that's the established definition in any of the ones I've seen. I agree that it is up to the consumer and/or workers as other stakeholders or resource inputs to determine when they withhold their inputs.
What Does Free Market Capitalism Mean?
Any economy is capitalist as long as private individuals control the factors of production. A purely capitalist economy is also a free market economy, meaning the law of supply and demand, rather than a central government, regulates production, labor, and the marketplace. Companies sell goods and services at the highest price consumers are willing to pay while workers earn the highest wages companies are willing to pay for their services. The profit motive drives all commerce and forces businesses to operate as efficiently as possible to avoid losing market share to competitors.