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- W2387332867 abstract "Modern mainstream economics argues that market mechanisms are conducive to the achievement of Pareto improvement as well as the maximization of social wealth through the profit-driven individual behavior.However,this view is established based on the logicalized market,the hypothesis of atomic individuals and formal logic reasoning.But in the real world,market players are heterogeneous and behavior is embedded in specific social relations.In fact,the logic of real market is embodied by as follows:firstly,the market itself is the human creation rather than a natural thing;secondly,heterogeneous market players have different freedom degrees;thirdly,market income distribution usually favors the powerful players;fourthly,the Matthew effect in markets leads to the polarization of the society;fifthly,the markets often maximize personal income rather than social utility;sixthly,market competition cannot spontaneously give rise to Pareto optimization;seventhly,spontaneous market order often tends to be interrupted or involute during the course of expansion;eighthly,the winners in aggressive market are often the cockroach people." @default.
- W2387332867 created "2016-06-24" @default.
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- W2387332867 date "2014-01-01" @default.
- W2387332867 modified "2023-10-01" @default.
- W2387332867 title "The Logic of Market or the Logicalized Market? On Logic Flaws of Popular Market View" @default.
- W2387332867 hasPublicationYear "2014" @default.
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