Market logic: a process, not a verdict

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The standard

A price-borne coordination reads the price as information, not as a value judgement: it indicates scarcity and demand as soon as the two meet.

Criteria

The price arises from the balance of supply and demand, not from an attribution
It carries information about scarcity, not about intrinsic worth
It changes as soon as supply or demand shifts
It coordinates decisions without making them centrally

Distinction

Market logic ≠ market price: the logic is the mechanism, the price its result at a moment. Market logic ≠ esteem: what someone ascribes to a good enters demand, but is not the market itself. A price-borne coordination therefore describes a process, not a verdict.