Hmm... thinking about this more the "Market" isn't just a growing entity but an assimilating entity. Miniature markets sprout beyond the borderlands like lemonade stands. The 'growth' of the market is actually assimilation into the franchise of THE market much like an M&A.https://twitter.com/a_yawning_cat/status/1341269413413015553 …
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A local lemonade stand IS providing value the market cannot provide because of its physical location and can even afford to reduce quality with bad lemonade. however, the larger the market (rival stands, franchise encroachment) the more consistent the experience becomes.
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There's an increase/consistency of quality, but that's driven more by best quality/price ratio that addresses maximum market size (mcdonalds) than total possible quality(hipster burger)
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globalization is like the central market now having conveyor belt tentacles that allow it to "project' itself farther beyond the borderlands than ever before. The internet and 2-day shipping both allow THE market to compete with lemonade stands.
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though often in a less efficient manner b/c the act of projection reduces quality or increases price. (This is why brands are important! e.g. reject local lemonade for Apple ™ Lemonade)https://twitter.com/a_yawning_cat/status/1341269411638886401?s=20 …
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"Hey kid, no more lemonade stands for you. Because I love you I will now whip you(like they do in the other cultures) until you understand and love linear algebra so that in the future you will have an actual future."https://twitter.com/a_yawning_cat/status/1304696075907813376 …
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"But father, if you take a macro view of the economic system you'll see the system is a soul destroying pressure funnel equivalent to a zero sum game! I should YOLO on Robinhood instead" "Don't talk back to me! Go to your room! I mean... er...how do I use this whip thing..."
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