4 ms·
> any natural market tendencies Obviously the caveat here is that the "market tendencies" aren't defined democractically. It's very much "voting with your doll
by hnbad 2y ago
> any natural market tendencies
Obviously the caveat here is that the "market tendencies" aren't defined democractically. It's very much "voting with your dollar" where the voting itself is limited to what options the market provides and the dollar is limited to how much money each market participant has. In that sense monopolization is very much a natural market tendency although most people in favor of "letting the market decide" over government control/intervention would argue that monopolization is bad and actively harmful to a free market.
- lazide 2y agoYup - every real world economy is shades of gray. Even Kyhber Pass weapons dealers. There are some clear examples like wartime economies, planned economies, ‘chaotic flea market’ like many Chinese markets, US food markets, etc.