It means no one has to trade with you if they don't like what you have to offer in return. If you consider that "bound", then OK, but that language doesn't illuminate, it hides.
It is a painful slap in the face when the market doesn't price what you have to offer as high a you like. I know a friend who was convinced that her calling was to be an artist, but always had a hard time selling her works, and often complained about the unfairness of life. I guess she was "bound" by monetary considerations by not being able to make ends meet as an artist. Eventually she gave up and became a hospital lab tech and is well compensated. So the market was telling her that her skills as a hospital lab tech were much more valuable to society than her skills as an artist, even if her own preferences were otherwise.
At the same time, some other artist can buy an entire oceanside condo for one painting, because the market does value their output very highly.
That's all that we're talking about here. It is "free" but that doesn't mean that you'll be able to get whatever you want in exchange for your own output.
The free market works the other way too though. If lab techs were in high demand (as they are), and your friend's employer was demanding an unreasonable schedule, she'd be free to jump ship to a better job. Right now software engineers have that kind of market power, so why not use it? If tomorrow the market decides we are overpaid, we'll either accept it or change jobs like your friend did. What I don't get is not using the power the free market gives you because?...
It is a painful slap in the face when the market doesn't price what you have to offer as high a you like. I know a friend who was convinced that her calling was to be an artist, but always had a hard time selling her works, and often complained about the unfairness of life. I guess she was "bound" by monetary considerations by not being able to make ends meet as an artist. Eventually she gave up and became a hospital lab tech and is well compensated. So the market was telling her that her skills as a hospital lab tech were much more valuable to society than her skills as an artist, even if her own preferences were otherwise.
At the same time, some other artist can buy an entire oceanside condo for one painting, because the market does value their output very highly.
That's all that we're talking about here. It is "free" but that doesn't mean that you'll be able to get whatever you want in exchange for your own output.