LoL Isn't a free market
It is a command economy.
When something works out that doesn't belong in the economy system, it is instantly broken or considered illegal, regardless of the potential for counterplay and mixing up of strategies. Instead of allowing the players to evolve and adapt to the game, this command economy enforces certain goods and products to either become illegal or come at a high price, so that in fact, people won't even bother to purchase those goods.
This command economy won't provide the most for the people participating in it but it will provide what those enforcing the economy what they want and have intended it for.
Why isn't Lulu top meta? Because the top laners are unable to handle her in lane, she was impossible to deal with for TOP LANERS
Why not open up a free market, and let the entire community evolve the game- so that in fact, we don't participate in a forced meta- mmk? It would be fun to see the meta shift from the same meta 1-7 years to something that is constantly changing. Because let's be real the:
"Tank meta" "ADC meta" "Assassin meta"
Is pretty much how the game rotates now, there is no changing meta.