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>The pattern repeats because the market incentivizes it. Market is not universal gravity, it's just a storefront for social policy. No political order, no mar
by psychoslave 9mo ago
>The pattern repeats because the market incentivizes it.
Market is not universal gravity, it's just a storefront for social policy.
No political order, no market, no market incentives.
- satvikpendem 9mo agoMarkets always exists as long as people want to exchange one thing for another, by definition.
- psychoslave 9mo agoConcepts such as person or property are required premises for such a market system to happen, be it by formal laws or tacit consensual behaviors.
- satvikpendem 9mo agoYes, and throughout human history, there has always been the concept of owned property.
- shimman 9mo agoYes and you're allowed to regulate markets into things that actively benefit society and not just sucking blood from people willy nilly.
- psychoslave 9mo agoWe are allowed as in, no formal rule forbid it is one thing. But if all the rules favors oligarchic accumulation with reinforcing loop, it's unlikely that the resulting dynamics will fall into a loophole of equal redistribution of wealth where social harmony thrive.
- satvikpendem 9mo agoNo one said you couldn't.