Actually, according to Adam Smith, the meet of offer and demands has an equilibrium, **if and only if ** :
everyone could join and leave the market
the information is pure and perfect
the joining of leaving of anyone on the market would not affect the market
and a fourth one I have forgotten (it was 15 years ago t.t)
Leaving without contraint mean that I would not affect you life to stop participate in this market. It may mean that things needed are not on the market, or if their are, that it would be provided by another mean outside the market.
It also mean that advertisement should be ban, or that the information of what exists on the market is very accurate. I was looking for the political system the most compatible with this theory, and I found councilism. And then, I discovered the whole name is fucking Council communism. I was radicalized from libtard to commies by Adam Smith, this how this society is absurd.
The question is why politics, rich people and bosses never appli the most basics principles of the theory they are supposed to use: Historical materialism and stuff
Actually, according to Adam Smith, the meet of offer and demands has an equilibrium, **if and only if ** :
Leaving without contraint mean that I would not affect you life to stop participate in this market. It may mean that things needed are not on the market, or if their are, that it would be provided by another mean outside the market.
It also mean that advertisement should be ban, or that the information of what exists on the market is very accurate. I was looking for the political system the most compatible with this theory, and I found councilism. And then, I discovered the whole name is fucking Council communism. I was radicalized from libtard to commies by Adam Smith, this how this society is absurd.
The question is why politics, rich people and bosses never appli the most basics principles of the theory they are supposed to use: Historical materialism and stuff
Counterpoint: you’re quoting a book like a nerd instead of doing cocaine. obvious commie, we don’t need to listen to you.
Isn’t one thing also that the market participants have to act rationally and in their own self interest (without mass manipulation or even delusion).