==== Free Market ====

A **free market** is a set of economic arrangements in which all exchanges of goods and services are [[voluntary]]. The concept of exchange, in turn, presumes some sort of shared views on the matter of how to go about determining //who//, in particular, rightfully controls and benefits from //which// particular resources -- in other words, what is **proper**ly whose, hence the word [[property]].

A free market economy is widely thought of as [[capitalism]], but early [[individualist anarchism|individualist anarchists]] considered a hypothetical **completely** free market economy to be [[libertarian socialism]], with the difference being rather negligible in context to the time periods and the nature of rhetoric used during either era of thought. Regardless of how characterized with regard to the terms "capitalism" or "libertarian socialism", the standard of voluntarism in all exchanges would, if fully applied, demonstrably result in a **stateless society** -- commonly referred to as [[anarchy]].