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The Limitations Of The Market Economy

Steve McAlphabet
3 min readJul 24, 2020

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Photo by Nathália Rosa on Unsplash

The science of economics generally focuses on what we’ll call The Market Economy. From the perspective of capitalism, and its dream of the (Free) Market Economic System, this consists of the four roles of business owner-operator, consumer, worker, and government. The Command Economic System seems to merge the roles of business owner-operator with government and consumer with worker, but both methods are still largely focused on only a portion of human life, the marketplace, and fail to take in the greater picture.

As the hard sciences of biology, chemistry, and geology can attest, there are many other things occurring in the world outside the marketplace. Because the science of economics is incapable of recognizing them, much less addressing them, even though it is a soft science, its misuse creates effects that are very hard for the rest of the world to adapt to. And treating it like a hard science, as most militant capitalists and communists do, forces The Core Economy and The Planetary Economy to endure whatever short-sighted, ill-conceived methodology homo sapiens conjure up in our attempts to control the world by turning it all into one big “free” marketplace that transmogrifies everything into our most beloved creation, money.

“The marketplace is an institution that teaches self-advancement, private acquisition, and the domination of nature,” says…

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Steve McAlphabet
Steve McAlphabet

Written by Steve McAlphabet

Steve releases a new song every week. This summer, he is taking his 4th multi-state motorcycle trip to reach his goal of riding to all 48 contiguous states.

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