If at least I know where it is, this black market, I'd go well! "This is what was a brave woman, in Paris, under the Occupation, when the clandestine practices were a necessity. That therefore had in mind Obviously, that a market is a place. A place where it comes place of village or halle. In short, a real, fixed location where we meet to buy and sell. In fact, this lady did not so well said. Despite his naivety, she pointed out a great historical truth.
Because, over the centuries, the markets were actually places, which came to meet the supply and demand, where prices are set. Countless trading towns of the world of old Europe to Asia, from Africa to the American continent, are located in terrestrial or maritime crossroads comprises, estuaries, thresholds. Has always been to stick shows, fairs, bazaars, souks and other festivities busily.

It is Vienna close surroundings or of the end of the world that are made by foot, camel, sleigh, steamer or by plane, that it is Exchange of cattle, spices, trucks or computers, there is ultimately not important. The common denominator remains: these market places are precisely the spaces. Alexandria under Cleopatra, Venice under the authority of the Doge, Amsterdam to the Classical Age, New York in the twentieth century, or Singapore and Shanghai today have little in common. Goods, transport, means of payment differ radically, like languages, scents or buildings. Only invariant major: the existence of places-hubs where travel goods and currency.
This anchoring of the market in place, the stock markets and their development in the 19th and the 20th century did not defeated it. Wall Street or in the City, at the palais Brongniart in Frankfurt, it buys and sells securities and shares rather than calves, cows, pigs and broods, but it must always adjust prices and meet the players, even through intermediaries. And everyone knows: the fever and the hubbub in the baskets had nothing to envy to the old markets to the flowers or fish.
But it is quite another matter with our rooms of markets. Relatively silent, cluttered screens and processors, they operate in continuous relationship with the world. Active 24 hours a day, the market is now everywhere and virtually no part delocalized, but in any other sense than production or services that change in place to reduce costs. The global market, seems to have more physical. It gives a sense to be devoid of location, location an orphan.
Less concrete It would be too simple, because there is necessarily something abstract in any market, also colored it. The unskilled can have feet in the dung, the price of the cow is obviously an abstraction. What has changed is therefore not abstract, data that exists has always been most unknown actors, but the nature of the place where it operates. This place seems to become abstract him also. It would take a topology to say how the market has been its distances to its traditional anchor points, how he lives now in a sort of "non-place" paradoxical, difficult to design as to locate. Without such an analysis, how do we know this that "market" mean today
Certainly, it will always enter fluctuations, the fall or the expansion of specific market. But, without understand in depth the new place, the concept of market, in the most general sense, is likely to remain unreadable, opaque and obscure. The term was closely bound by history to the representation of a place where you can go physically. At the time, when no one comes to know where it is, can have the impression that the market becomes... how to say Black, for example.