[dredmorbius]

"A fair market"

... does not exist.

And the market, and economy, should serve the people. Not the people the market.

"POLITICAL œconomy, considered as a branch of the science of a statesman or legislator, proposes two distinct objects: first, to provide a plentiful revenue or subsistence for the people, or more properly to enable them to provide such a revenue or subsistence for themselves; and secondly, to supply the state or commonwealth with a revenue sufficient for the public services. It proposes to enrich both the people and the sovereign."

Again: Smith.

https://oll.libertyfund.org/titles/smith-an-inquiry-into-the...

[zeroname]

It's "fair (market) price", not "fair market".

> And the market, and economy, should serve the people. Not the people the market.

This is a meaningless slogan. The market is the people. Demand reflects what people need. Supply reflects what people have to offer. Prices reflect their agreement.

[dredmorbius]

At this point in the game you should simply admit that whatever it is you're arguing has absolutely nothing to do with Adam Smith.

Because it doesn't.