State–Market System
Description
Indy Johar:
"Markets will not disappear. They will become nested within strategic systems of security, production and power.
A State–Market System is a governed configuration through which public authority, productive enterprise, capital, infrastructure, organised demand, knowledge and security are composed to build and protect strategically significant capabilities.
Its primary unit is neither the isolated firm nor the state. It is the capability stack: the complete system required to finance, originate, produce, operate, repair, protect and evolve a critical function.
Artificial intelligence is not merely a software market. It is a stack of energy, compute, semiconductors, data, cloud infrastructure, capital, regulation, procurement and geopolitical reach. The same logic applies to food, water, housing, health, energy and defence.
The strategic actor of the coming age is the composed system."