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Markets, Class and Social Change, chapter 1 Exploring Markets and Class

Abstract

Markets establish a range of ways of exchanging goods and services through the medium of money. The ubiquity of markets in most parts of the world, and the frequency of our participation in them, encourage the impression that markets and the buying and selling of goods involve simple processes. This appearance of simplicity may be reinforced by our ignorance of market histories and a powerful ideological trend in capitalism which suggests that markets are natural phenomena.

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