A product is no sooner created, than it, from that instant, affords a market for other products to the full extent of its own value.As each of us can only purchase the productions of others with his own productions – as the value we can buy is equal to the value we can produce, the more men can produce, the more they will purchase.
Unregulated greed will rise to exceed and overwhelm all rational expectations of theoretical market behavior over time, always and everywhere, because men are no angels. And since money is power, the greater the concentration of money in a society, the less free it will become, and the less reliable all decision based market-based models of it will be. Rational expectations, and therefore market forces, will fail when undermined by the unbridled greed for money and power. Passion and obsession will trump reason, unless reason arms itself against the excesses of human nature. History proves this.