[P2P-F] self-regulating markets

Mon Jun 20 18:33:33 CEST 2011

On Mon, Jun 20, 2011 at 3:18 AM, Michel Bauwens <michelsub2004 at gmail.com> wrote:
> a recent book on the myth of free self-regulating markets, from the
> University of Chicago of all places:
>
> basic thesis: self-regulation is always done for the benefit of the few ...
>
> but the larger question is: have their ever been, apart from illegal
> markets, self-regulated markets? nearly all market activities are incredibly
> embedded in institutional regulations, norms, etc ..
>
> if indeed self-regulated markets are few and far between, then the question
> is more: what kind of regulations, and who produces and controls the
> regulations and the regulators,
>

Can you talk some more about what you mean exactly by
"self-regulating"? How do I identify a "self-regulated" market?

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