Re:Life is fractal, but markets are square
by GuB-42 on Wednesday June 26, 2019 @01:03PM
(#20286876)
To support your idea of market not being top-down, just picture an actual market and compare it to a big box store.
A big box store is top-down. Your entire shopping experience: the layout, products, pricing, etc... is the result of careful planning by a single company, with a well defined hierarchy. A market is much more organic, with independent sellers.
A big box store is top-down. Your entire shopping experience: the layout, products, pricing, etc... is the result of careful planning by a single company, with a well defined hierarchy. A market is much more organic, with independent sellers.