Examine the Definition of Free Enterprise. Find Out How Far Our Country Has Come From a Fair Economic System; the USA Has Transformed Into a Fascist Oligarchy.

The definition of free enterprise is essentially that all citizens have a natural right to participate freely in the production and buying or selling of goods and services within a free market; this is the key to individual economic prosperity.

But when a economy becomes highly regulated by government rules and taxes, it becomes nearly impossible for citizens to participate in the economy freely, but yet can benefit large corporations by putting competition behind tied up in red tape.

Contrary to popular belief, government imposed regulations on business have little effect when attempting to force corporations into ethical behavior, because large corporations will still break the rules and then pay a small fine, allowing them to profit immensely.

Similar fines imposed on small businesses could potentially force them into bankruptcy, so they are not able to profit in the manner that the larger corporations are from the abuse of government regulations.

The definition of free enterprise suggests that government regulations on the market only harm the economic flow, by slowing down innovation and limiting production.

Totalitarian and authoritarian governments do not allow free enterprise, because that would mean that the population was free to forge their own financial destiny, which would make the government nearly powerless as a consequence, so their economies are always highly controlled and very stagnant.

Why are Free Enterprise and Liberty Connected?

Many economists have noted that free enterprise and liberty are intimately related, and that each relies on the other.

It has been pointed out that without economic freedom, a person is not free at all, so it only follows the the definition of free enterprise is easily summed up as true economic freedom.

In a free market, people are able to choose what they wish to buy or sale, and what they wish to produce.

This freedom of choice promotes advancement through competition, and ultimately benefits the common good of society as the consumers make or break businesses.

When corporations get out of hand, consumers can go elsewhere to competitors forcing the business to adapt or face failure.

The competition between business creates opportunity, and it gives incentives for innovation and inventive creativity.

Why Do People Need Freedom to Prosper?

Human beings need freedom in order to attain prosperity, which is essential for the advancement of the species.

The reason why freedom is necessary, because when people are allowed to choose they will end up choosing advancement over the alternatives.

When a totalitarian government is in control, they decide what will happen and what will not happen, and they usually choose to protect the status quo rather than advance the species.

The very definition of free enterprise is founded upon the idea of freedom, because people will choose to improve their situation if given an opportunity to do so.

When people are held back by heavy taxation or absurd regulations, they cannot act freely because they cannot afford to act at all, and are forced into slaving for mega corporations to make a profit off their labor.

Free Enterprise is the Natural State of Humanity

Many economists believe that free enterprise is the natural state of humanity, and that it was the default form of economics in prehistory.

When there were no governments to interfere in what people traded or produced, they simply produced and traded whatever they wanted with whomever they wanted.

This is the basic setting for a free enterprise economy.

Because the definition of free enterprise is based on human freedom, a free enterprise economy exists where ever humans are essentially free to follow their own pursuits.

In societies where people are not free, they do not enjoy the fruits of a free enterprise economy as a result.

The reason that people feel something is wrong when the government interferes with business and sets up monopolies through over regulation, is because the natural state of humanity is found within the freedom offered by free enterprise.