Market Theory as I Understand It, Or Not


I'll polish this up in July

I think that I’ve already established myself as a writer, in the subset of sociology called functionalism, so I suppose the only way to move onto the next level and increase my aptitude, rather than to do the same thing again, is to write a second book but this time about the sub-genre of market theory.
Functionalism is about how lots of different groups relate with each other and interact with each other, from a more comparative aspect, rather than the composition. Finding any discrepancies, differences, overlaps and commonalities.
Market theory applies a more economics based approach about supply and demand, capitalising on your value and maximising your acquisitions, as well as competitive aspects. Such as….

First things First

Remember that you first have to

  1. Analyse the market on a macro scale when you’re far always
  2. Assess the current market, while you’re near or in the midst of it, to judge the current circumstances and cultural sensitivities
  3. Negotiate with the mark (or participant), whether directly or indirectly, assertively or passively, upfront or prolonged, transactional, anciliary or altrusically.

#1 Bargaining power

In EVERY social interaction, the person who makes the offer is always on the losing side of the bargain and the person who receives the offer is always on the winning side of the bargain, as the recipient of the offer has the bargaining power. This allows them the greatest ability to negotiate the price to go as low as possible, as well as negotiating that the person prepositioning, that they add in some bonus extras to their offer, before their offer is accepted.

#2 Market distortion

A market distortion is something that artificially inflates or deflates the value of something, which goes against the free market. In economics, this would be a minimum wage or outsourcing, for the labour market. And for the consumer market, it’s import taxes and exclusivity contracts.
The concept of market distortion, can also be applied to sociology and human behaviour.

#3 The paradox of choice

In a free market, where people are free to buy or sell without any government regulations telling people what they can and can’t do, with their red tape…….well in the free market…
3a) some people are priced out the market, for being unable to compete, who would be more successful in a more constrained market, where everyone would otherwise have restricted buying power.
A free market actually causes LESS winners and it causes people to INCREASE their standards, to become disenfranchised with their selection options, much easier, than when they had less choices.
3b) when you give people more choices, they find it harder to know what to choose and will tend to choose worse products than if they had less choices
3c) the products they do choose, become a worse quality, as the longevity, functionality and performance, becomes DEBASED, so it wasn’t as good for the user from a usage perspective, both short-term and long-term, than if we had less choices.
More choices causes lower quality products as things become debased. More choices causes us to debase our principles.

#4 Market inefficiency

Another interesting market theory concept, is market inefficiency.
That’s when the supply for a product is greater than the demand, due to there being an excessive amount of it, all while at the same time, this surplus supply isn’t being distributed to the people who are without that product.~
The most famous example is how the EU pays farmers subsidies to produce too much food, so much food that it is kept in warehouses to be never sold or exported, only to be burnt to shreds, due to no one buying it, all while millions of people live in poverty with some unable to feed themselves.

Further Reading

Game Theory is a subset of Conflict Theory and Market Theory is a subset of Functionalism.


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