So far, we have been building a model of a market and a market system. In this episode, we will push that model to the edge. We will explore the dark side of markets.
Once I had this model of a market and I started to examinw different things around our world, different phenomenon via that lens, a lot of things started to make sense. What is also interesting is that these occurrences from our real world fit very well into this model of the market and the market system.
Let’s take it one more step further – markets not only cannot solve all the problems we have, but they sometimes end up creating new issues. While analyzing the concept of markets, it is important to also understand the dark side of markets as well.
Credits: