4 ms·
These claims, while they might have some or even a lot of merit are demonstrably false (as they are made seemingly without exception or nuance). There is a very
by toolz 5y ago
These claims, while they might have some or even a lot of merit are demonstrably false (as they are made seemingly without exception or nuance). There is a very healthy and active black market, for example among plenty of other examples.
It seems rather disingenuous to make such fantastically bold claims as statements of understood fact. I can't imagine what sort of dialog you were hoping to encourage.
- badRNG 5y agoBlack markets can be thought of as truly free markets that are free from antitrust action. These markets, if permitted to exist for an extended period of time, are dominated by cartels. "The Little Guy" doesn't get to be disruptive in black markets, because they are fully captured by cartels that will squash, subsume, or merge with any meaningful competition.
- danny_codes 5y agoDo you have any economic source or model that supports this claim? Economic orthodoxy, in all cases I've ever encountered, do not support your claim.
- toolz 5y agoAn economic source that the black market is alive and healthy? I'm not sure what you're asking for to be honest - I don't think anyone contests the fact that the black market has been growing for a very long time.
- HWR_14 5y agoI'm pretty sure there isn't a free black market. I'm fairly sure drug dealing is very regulated by armed forces in any geographic region and historically most major criminal enterprises are similarly regulated.