The difference is this: a market economy is a tool--a valuable tool--for organizing productive activity.
The same is true for the market economy: the power of markets, for good and for evil, is enormous.
If we didn't live in a market economy, these questions wouldn't arise in the first place.
Evangelicals heavily favor women staying out of the market economy to stay home, and indeed they do disproportionately stay home.
But even before the crisis, the evidence was that the market economy was not delivering for most Americans.
But other states, especially Russia, have had trouble adjusting to a market economy, degenerating into massive kleptocracies.
Deng Xiaoping invented the Four Modernizations, which justified the transformation of the planned economy to a market economy.
But here he is, “summarizing the action of a film largely devoid of action” during the market economy of 2012.
Over the past three decades, we have drifted from having a market economy to becoming a market society.
Hardly a recipe for orderly transition, for democracy, or for market economy.
An economy in which the greater part of production, distribution, and exchange is controlled by individuals and privately owned corporations rather than by the government, and in which government interference in the market is minimal. Although a total market economy is probably only theoretically possible (because it would exclude taxation and regulation of any kind), capitalist economies approximate it and socialist economies are antithetical to it (see capitalism and socialism). Market economies are also called free economies, free markets, or free enterprise systems.