• PugJesus@piefed.socialOPM
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    1 month ago

    See, this reverse position isn’t really true either. Markets are extremely complex things which are only really created and sustained by state authority - namely, by contract enforcement. No contract enforcement, no market. Without a central mediator (state authority) for contract enforcement, what results is generally either an attempt to minimize moral hazard by personal relationships - thus gift economies and customary economies of various sorts (especially clientistic systems) - or simple ‘might-makes-right’ tribute systems of unequal exchange.