Re:Life is fractal, but markets are square
by Fellshard on Wednesday June 26, 2019 @10:08AM
(#20285132)
What? On the inside, yes, the company is structured. The market is not that corporation, though; the interaction of that bureaucratic entity with other entities is the market, and that interaction is far less artificially constrained.
Markets are but corporations are private bureaucracies. Some of them gigantic. All but a few managed like a dictatorship. Adam Smith lived in a world in which a single person producing goods and selling them on a free market was something at least thinkable. We've come a long way since then.