The hand of the market is a myth - we make the market. It isn't a divine force -... | Hacker News

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		analognoise on Dec 4, 2022 \| parent \| context \| favorite \| on: France prepares for possibility of electricity bla... The hand of the market is a myth - we make the market. It isn't a divine force - that's the Neoliberism God talking. In this case, we have decided to limit the value of oil a pariah state which attacked a neighbor can sell at. Pretty simple, imo.

pfdietz on Dec 4, 2022 [–]

Markets are essential. A modern industrial economy cannot function without markets to provide prices for the millions of different things being produced. This is why the Soviet Union failed and why China moved to allow a market to operate.

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