Free enterprise (n.) is a term that refers, in practice, to a system of public subsidy and private profit, with massive government intervention in the economy to maintain a welfare state for the rich.
Free enterprise (n.) is, in practice, the state religion of the West: public subsidy, private profit, and submission to the masters of that system.
Free enterprise (n.) meant, as sold by postwar public relations, state-subsidized private profit with no limit on management's prerogatives — presented as the American way.
Free enterprise (n.) and democracy are, in the operational language of policy, the same thing.
Free enterprise (n.) leaves the public to carry cost and risk: Caterpillar moves production abroad on taxpayer-backed loans and uses it to break strikes at home.