Chapter 3 outlined the change in the form of governance in the Tehran Bazaar and demonstrated that the cooperative hierarchies of the prerevolutionary era have given way to coercive hierarchies. In the process of elucidating this transformation it also pointed to the symptoms and immediate causes of this shift – political uncertainty, the increased use of cash, the acute problem of bounced checks, the rise of smuggling activities, the change in composition of bazaar members, and the demise of network producers such as brokers. These proximate causes and effects can be explained by generally accepted economic theories and straightforward political logic. When import monopolies are created and licenses are distributed, one expects rent seeking, corruption, and smuggling; when state institutions are up for grabs, especially in the case of a rentier state, it is unsurprising that competition over their design and the control of organizations that distribute power and wealth will ensue.

What still remain as questions are what underlies the shifts in the Bazaar's governance and what propelled these dynamics to take place specifically in the postrevolutionary era.