Free market democracy

Free-market democracy, consumer's democracy, or the market's economic democracy, is an economic state of affairs where the power to dispose of the means of production, belonging to the entrepreneurs and capitalists, can only be acquired by means of the consumers' ballot, held daily in the market-place.^[1] There is no equality of vote in this democracy; some have plural votes. But the greater voting power which the disposal of a greater income implies can only be acquired and maintained by the test of election. Examples of free-market democracy are laissez-faire capitalism or anarcho-capitalism, where votes are represented by the voluntary interaction of free people subject to the self-ownership and the non-aggression principle. In case of monetary exchange interactions this is sometimes referred to as dollar voting. In these economic systems, in contrast to ballot votes in political democracy, every voter gets to vote at any and all time and for any one willing to accept votes. Some people just get to cast more votes than others, because they received more votes.

Not to be confused with Economic democracy.