@michaela_p
 

@m
ja, true I stated the perfect market theory does not work... but not at all... I guess it would perfectly work to explain stuff if the markets where perfect but they are not. But still it is used as a basis to explain and predict things. That is what my statement boils down to.
Concerning your post, I identified most of your listed points as prerequisites of that perfect market model. might have misunderstood the point then... in any case, I think your model might work... if you could just convince those people holding onto information and power, benefiting heavily of non-disclosure of such information and the imbalance of power (in their favor of course)

@m
not sure how you get to such a conclusion. all i did was stating that your theory is in based on the perfect market theory. or in other words: in its core the perfect market therory. it confused you. not sure from where you get the impression that I think all economies are bad. i don't remember posting my personal view on any model. enjoy yours though

@m
in it's core they are... yours is a further developed and refined version. I'd rather use old unix and a modern linux distro as a comparison.

@m
Known Prices and labor which includes/ requires information to be available to all participants. So yeah, you are going into details with contracts being machine readable etc... where is it contradicting? I think it isn't but developing the model further ...

@m
Well, what you described is tought in micro economics as the ideal market. I That is all that I added... not sure if that is still taught nowadays. Tell me where I am wrong

@m
Classic microeconomical market description in which most economical models are based... just that real life doesn't work this way as we see... therewith rendering these theories only half as useful as they appear to be

@michaela_p
Then you take this one:  

@michaela_p
Y
Ur not gonna givem any access tokens or passwords