Abstract
The "free market" is said to be identical with existing capitalism. Drawing on Fernand Braudel's and Karl Polanyi's works, this paper is argues that this commonly accepted notion is in fact not backed by empirical evidence. it further argues that the "free market" does not guarantee economic efficiency. Capitalism not only differs from the "free"market" model, it is anti-market. This paper discusses the problem of conflating the "free market" and capitalism. It proposes an alternative direction for future research.
| Original language | Chinese |
|---|---|
| Pages (from-to) | 177-198 |
| Number of pages | 22 |
| Journal | 香港社會科學學報 |
| Volume | 8 |
| Issue number | Autumn |
| Publication status | Published - 1996 |
Bibliographical note
reprinted in 羅崗、倪文尖編(2000):《90年代思想文選》,廣西人民出版社,pp.450-472。Cite this
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