Markets are human creations amenable to redesign, not natural forces

Evidence

Markets, like technologies, are surely means to be tinkered with, modified, redesigned, improved, and on occasion delimited not ends that can only be embraced or be rejected. They are not forces of nature, but human creations. — Donald MacKenzie, An Engine, Not a Camera, 1237

Categorization

  • XREF: Mirrors the performativity thesis’s core claim that economics shapes rather than merely describes markets; connects to the reader’s stated focus on the book-length performativity argument. — connects to: Markets can be performatively constructed by agents who are not atomistic homo economicus — Donald MacKenzie & Yuval Millo, Constructing a Market, Performing Theory, 25; The economy is a human creation and therefore can be transformed. — Clara E. Mattei, Escape from Capitalism, 41; Markets require abstract standardized assets that may not physically exist yet. (+11 more)

Broader Connections