Is there any such thing as a totally free market worldwide?

For it to be totally free, surely there would have to be no import or export restrictions anywhere, and no immigration or emigration controls.

If so, what would such a world look like?

Sounds like the employees of the world would be constantly moving around following the highest wages/ lowest living costs, and corporations would be constantly migrating to where there's the highest profits/ lowest outgoings.

There would be no community and no more nation states. Is this accurate? 🤔 🥴🤯

Cheerz

GIAN🙂x

38 minutes ago, Gian said:

Is there any such thing as a totally free market worldwide?

No. All markets are hybrid. Ideals only exist in textbooks. 

Heavy infrastructure is main issue.

How long it takes products to reach their intended markets is a close second.

Too ambiguous title.

Free from what?

Free from regulations?

Free because products are given away for free?

Product exchanged for other product?

5 hours ago, Gian said:

Sounds like the employees of the world would be constantly moving around following the highest wages/ lowest living costs, and corporations would be constantly migrating to where there's the highest profits/ lowest outgoings.

Sounds like current world..

On 9/23/2023 at 1:47 PM, Gian said:

Is there any such thing as a totally free market worldwide?

Nope, everyone has a boss; for the free market, it's people with money.

On 9/23/2023 at 1:47 PM, Gian said:

For it to be totally free, surely there would have to be no import or export restrictions anywhere, and no immigration or emigration controls.

If so, what would such a world look like?

It would be like the world of the Cherokee, for example, they had no word for ownership...

One of the interesting aspects of the Cherokee language is that it does not have a word for ownership. This reflects the Cherokee worldview that everything belongs to the Creator and that humans are only stewards of the land and its resources

Edited September 26, 20232 yr by dimreepr