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THE EVOLUTION OF THE MARKET SYSTEM IN A POST-INDUSTRIAL ECONOMY

The article discusses the processes that led to the understanding that the market is not a static phenomenon, but changes due to various trends. Over several centuries, the market system has undergone significant changes. The concept of the market itself has undergone a certain evolution. At first, the understanding of the market as a fixed place or a certain territory where trading took place dominated. Subsequently, there was an abstraction from territorial characteristics, and, starting with representatives of the neoclassical school of economic theory, the market began to be defined as a mechanism for balancing supply and demand. In this case, it is a sphere dominated by competition between independent agents and free pricing. Accordingly, the market has turned from an empirical object into an analytical model. Over time, its application has spread not only to economic relations, but also to society as a whole.