[@Background Human](/forums/generals/topics/tartarus?post_id=5667709#post_5667709)
The reality though is that "markets" are constructed and created by fallible humans. People can be manipulated, make poor decisions, not have all the information, have little choice, be put in a vulnerable position.
Scientific markets exist only on paper and have been pushed mainly by propagandists to protect the profits of capitalists. They have very successfully convinced people that markets are "natural" rather than a construct and so are "fair" evne though neither one is remotely true. In a market power dominates and being able to dictate to suppliers or get in front of people first makes all the difference.
Amazon uses it's power to disadvantage any potential competition since they know no one can refuse them so they put any item that is sold somewhere else much further down on their recommended list. Something that is a blatant abuse of power and illegal but who dares pick a fight with Amazon?
The actual industrialization of Europe and America was done by strong centralized governments who wanted to do it usually for imperialistic reasons and each one is it's own complex tale. Germany is a great example as it was industrially behind for a long time until it was unified by Prussia who enacted a strict and aggressive industrialization policy. With high import fees, high taxes and massive spending and subsidies as well as widespread public services including the first mandatory education system. Germany grew incredibly fast cause the German government was putting an enormous amount of effort into making it so.
Same thing with China. Rather than try to chase some strange ideal or just centralize power for the guy in charge they focused on growth by whatever means neccecary. Investing massively, pushing production quota's up but also learning by letting a market emerge to stop waste. Getting rid of incompetent people, having heavy punishments for corruption and so on.
The reality though is that "markets" are constructed and created by fallible humans. People can be manipulated, make poor decisions, not have all the information, have little choice, be put in a vulnerable position.
Scientific markets exist only on paper and have been pushed mainly by propagandists to protect the profits of capitalists. They have very successfully convinced people that markets are "natural" rather than a construct and so are "fair" evne though neither one is remotely true. In a market power dominates and being able to dictate to suppliers or get in front of people first makes all the difference.
Amazon uses it's power to disadvantage any potential competition since they know no one can refuse them so they put any item that is sold somewhere else much further down on their recommended list. Something that is a blatant abuse of power and illegal but who dares pick a fight with Amazon?
The actual industrialization of Europe and America was done by strong centralized governments who wanted to do it usually for imperialistic reasons and each one is it's own complex tale. Germany is a great example as it was industrially behind for a long time until it was unified by Prussia who enacted a strict and aggressive industrialization policy. With high import fees, high taxes and massive spending and subsidies as well as widespread public services including the first mandatory education system. Germany grew incredibly fast cause the German government was putting an enormous amount of effort into making it so.
Same thing with China. Rather than try to chase some strange ideal or just centralize power for the guy in charge they focused on growth by whatever means neccecary. Investing massively, pushing production quota's up but also learning by letting a market emerge to stop waste. Getting rid of incompetent people, having heavy punishments for corruption and so on.