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by MichaelZuo
1374 days ago
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Considering that markets exist whenever 2 or more individuals gather, without regard to any other factors… it’s pretty much a fundamental force like gravity. In fact even ant colonies experience market forces so it’s practically impossible for it to not exist. Does it matter if a lot of folks have different definitions of gravity? |
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In the most general sense of "market", this is not wrong. However, you're talking from the point of view of a rather specific market theory. That market theory is not a fundamental force, it's just one of many ways of doing things.
It also has a very narrow definition of "fair", which makes sense within its own world, but I would argue is not generalizable outside of that world.