market forces
MAR-kit FOR-siz
ˈmɑːrkɪt ˈfɔːrsɪzListen
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Dictionary meaning
the aggregate pressures of supply and demand that determine prices, quantities, and the allocation of resources in a market economy without direct government intervention; market forces is often invoked as an explanation for economic outcomes that are attributed to impersonal competitive processes rather than to deliberate decisions by any particular actor; critics note that invoking market forces can function ideologically to naturalise outcomes that are in fact the product of specific power relations, regulatory frameworks, and distributional choices — and that the concept assumes conditions of competition that may not obtain in oligopolistic or monopolistic markets
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