Comparing Market Types

by: Scott Geyer

Red Market – the use of force, coercion, fraud, protection rackets, gangs, mafia, governments

White Market – the trade in goods and services that are permitted by Red Market entities, most likely paying protection fees, fines, taxes and acquiring licenses and permits from red market entities.

Grey Market – trade in goods and services that would be permitted by red market entities without paying protection fees, fines, taxes and acquiring licenses and permits from red market entities.

Black Market – trade in goods and services that are not permitted by red market entities.

Agorism is the act of engaging in counter-economics which is all non-aggressive activities that are forbidden by the Red Market entities. By engaging in counter-economics you undermine the authority of the Red Market entities and their ability to oppress.