Market Socialism, Supply, and Demand

[Apoi_Viitor]

In a society without markets, how would Supply and Demand be efficiently met?

[Adi Shankara]

In a society without markets, how would Supply and Demand be efficiently met?

Supply and Demand are artificial concepts, devised from the beliefs that commodity has no fixed source; we all know that there is plenty of food for example, and unlimited supplies of it, since we can always grow things, but we create an artificial supply chain for it by limiting how much is released into the market, thus artificially raising the demand for it; so if we removed the profit motive from the supply and demand chain where there would be no profit to gain from withholding market supplies, then food would get to people alot more efficiently.

it's all game; supply and demand aren't natural; not only that, but competition in the markets needs to be perfect for supply and demand to work, and as almost everyone knows of capitalism, perfect competition is impossible to achieve, so we're left with this analysis from Alan Kirkman:


"economists have no adequate model of how individuals and firms adjust prices in a competitive model. If all participants are price-takers by definition, then the actor who adjusts prices to eliminate excess demand is not specified"

Therefore, supply and demand need not be met, as they can be cast aside completely; demand is inmaterial, as in Communism, everyone receives what they need and gives what they can.

[Adil3tr]

More simply put, we would produce over demand, instead of causing a crisis, everyone would be able to have everything they need without any kind of rationing.

[lulks]

More simply put, we would produce over demand
why produce more than there is a demand for? seems like a waste


In a society without markets, how would Supply and Demand be efficiently met?
markets are not necessary to keep track of supply and demand.
just use computers to store information about how much is produced and how much is sold.
if there's a shortage, increase the supply, and vice versa.

[AK]

In a society without markets, how would Supply and Demand be efficiently met?
Implying the market efficiently meets supply and demand.

[Adi Shankara]

Implying the market efficiently meets supply and demand.

I guess maybe OP thinks that all those starving people in India, Africa, and Asia are proof of the Market's success in meeting supply and demand? :rolleyes:

[bailey_187]

why produce more than there is a demand for? seems like a waste

How do you determine demands otherwise? You cant determine the demands for the entire world. Therefore the only other solution is produce in such an abundance that it is impossible for demand to be greater than supply.

Markets can be a quite rational way of distributing in conditions of scarcity. So lets abolish scarcity.

[Adil3tr]

why produce more than there is a demand for? seems like a waste

Its just so that we never run out. We could just always keep a moderate stockpile. Besides, in capitalism, we produce food to such a degree we toss it out, turn it into sweetener, or we run our cars with it.

I thought Marx always made the point that under socialism overproduction would cease to be a bad thing?