Let's examine laissez-faire capitslism on Lemmy. Trivially, how did the "invisible hand" become the "free hand"? That feels like a mix of "invisible hand" and "free market".

How does such a system overcome "might makes right"? Adam Smith mentions the natural monopoly of kelp farms in Scotland. Who keeps the market free when I can use force to take over such a natural monpoly?

Thereby, I should be able to expand my holdings through force and regulate commerce on my land sort of like... a state? This corresponds with Nozick's minimal state responsible for a monopoly on violence. Is such a state required for your unfettered system?