PART I: MARKET: ANATOMY OF A CONCEPT -- Nature of Market -- Market Politics and Social Discourse -- Market and Law -- Market Reality and Market Beliefs -- Market as Science -- Market Application -- PART II: MERCANTIFER: EXPLORATIONS OF ECONOMIC REALITY -- Nature of Mercantifers -- How Mercantifers Emerge and Function -- Market Failure and Mercantifer Success -- Mercantifer Processes -- Types of Mercantifer -- Trajectories and Mercantifers -- Theory of Mercantifers -- PART III: SYSTEMS OF MERCANTIFERS -- Mercantifer Systems -- Mercantifers and Money
Summary
Markets are everywhere; they are at the core of Western social philosophy. This book addresses the questions of why they exist, how they came into being and how they are made and maintained, and provides a detailed analysis of this little-examined area of economics. John Lepper challenges the traditional view that markets are costless and 'natural', instead asserting that markets are made and unmade artificially, often with political motivation. The application of mercantifer theory is used to solve some of the well-known difficulties that can arise when applying market forces to economies. It is contended that the outcomes of mercantifers are the result of forces unrelated to preferences and rational action