Editing Market economy (section)

==== Anglo-Saxon model ====
{{main|Anglo-Saxon model}}
Anglo-Saxon capitalism is the form of capitalism predominant in Anglophone countries and typified by the [[economy of the United States]]. It is contrasted with European models of capitalism such as the continental [[Social market economy|social market]] model and the [[Nordic model]]. Anglo-Saxon capitalism refers to a macroeconomic policy regime and capital market structure common to the Anglophone economies. Among these characteristics are low rates of taxation, more open international markets, lower labor market protections and a less generous [[welfare state]] eschewing [[collective bargaining]] schemes found in the continental and northern European models of capitalism.<ref>''Anglo-Saxon capitalism'', Business Dictionary on BusinessDictionary.com: http://www.businessdictionary.com/definition/Anglo-Saxon-capitalism.html {{Webarchive|url=https://web.archive.org/web/20200927202903/http://www.businessdictionary.com/definition/Anglo-Saxon-capitalism.html |date=2020-09-27 }}</ref>