General Discussion
In reply to the discussion: The heart of the problem is that most People like Walmart [View all]iemitsu
(3,891 posts)people act as if "the laws of the market-place" are anything other than rules, that any given country designs, to regulate or control its economy. These rules can be whatever those in charge want them to be. They are not written in stone and weren't delivered from heaven on golden tablets. The rules are different from place to place and they change over time.
Sure, there are human dynamics or responses to economic conditions that can be tracked, and quantified, and ultimately be labeled "laws", when enough like responses are counted to suggest that specific economic conditions elicit certain human responses, but the conditions are still created by governing bodies, not by some magic, unchangeable, "Laws of the Market-Place".
Capitalism was devised in modern times to aid in the growth of industry and the distribution and trade of manufactured items. It has worked pretty well to achieve that end. But in the process of sponsoring industrial wealth it also sponsored horrific poverty and misery.
Capital is an invention of human beings, to convert wealth into portable and safe notes-of-exchange, designed to make the trading of goods and services easier. Money is a promise, created out of thin air, with inconstant value. It's ephemeral. Nothing about capital (money) is constant, including the laws that govern it.
The "laws of the market-place" are the rules that the monied/business/government elites use to justify the huge inequities and human suffering that their policy decisions sponsor. By referring to these decisions as "laws" they hope to avoid personal responsibility for who benefits and who is harmed by their choices.