A Historical Reflection On The Myth Of "free Market": From Blaudel's Perspective

Modern Philosophy 4:50-56 (2008)
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Abstract

In Braudel's historical vision, "capitalism" is the fundamental characteristics of monopoly, it is the "market economy" can not be confused with the field. It uses the same time the monopoly of the market against the market, thus making the "free market" has become a myth and often disillusionment. In history and reality of the existence of various monopoly. One of the most deep-rooted is this: big business for a large volume of goods monopoly, the monopoly of hard currency for soft currency and economic center of half the world's marginal zone and marginal zone of the monopoly. These monopolies are always the "free market" but to failure. In Blaudel's historical perspective, the essential characteristic of "capitalism" is monopolization. In fact, "capitalism" is distinct from "market economy" insofar as on the one hand it makes use of the monopolization of the market while on the other hand it is againt the market. In consequence it has resulted in a sense of disillusionment over the myth of the "free market". Monopolization exists both in history and in the existing society in a variety of forms, the most entrenched ones among which are the monopolization of certain mass goods, the monopolization of soft currency by hard currency, the monopolization of fringe or half-fringe regions by global economic centers. These monopolizations never fail in invalidating the "free market"

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