Market society

Market Society can refer to either the free-market style of capitalism first popularized by Adam Smith, or (to a lesser extent) can also refer to government-instituted and/or controlled forms of the market, commonly called State capitalism.

Related Topics:
Free-market - Capitalism - Adam Smith - State capitalism

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The term market society differs from market economy by implying that capitalist market economics influences not just the exchange of goods and services in a society, but also directly impacts and helps shape the personal attitudes, lifestyles, and political views of its people.

Related Topics:
Market economy - Capitalist

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