sc4r
19th October 2003, 00:39
A market is a means of dynamically measuring and balancing needs against other needs so as to determine the production balance that best satisfies those needs given limited total resources.
Now in the Capitalist market 'need' as far as the market is concerned is measured by money.
And money in the capitalist system is not distributed evenly. Which means that greater weight is given to peoples needs if they as people have more money.
And because they are allowed by capitalism to participate in the market as both consumers and producers it is possible for them to use the market to aquire the very means of disproportionately influencing it (namely money).
Capitalism, of course, allows people to trade not merely in current production but in the rights to future production (this is what effectively 'comon ownership of the means of production' stops).
So if you forbid people from trading in future rights, and as producers/suppliers, you have a market which performs exactly the same (very valuable) balancing function but does not create cumulative inequity.
Thats why a 'socialist market' is neither Anti-marxist nor Capitalist; and why it is pretty much a 'must have' for any long term viable society. Nothing else remotely addresses the reality that people want different things to other people ,and the goal that as far as possible they should get as many of those things as is commensurate with fair sharing of those things.
Now in the Capitalist market 'need' as far as the market is concerned is measured by money.
And money in the capitalist system is not distributed evenly. Which means that greater weight is given to peoples needs if they as people have more money.
And because they are allowed by capitalism to participate in the market as both consumers and producers it is possible for them to use the market to aquire the very means of disproportionately influencing it (namely money).
Capitalism, of course, allows people to trade not merely in current production but in the rights to future production (this is what effectively 'comon ownership of the means of production' stops).
So if you forbid people from trading in future rights, and as producers/suppliers, you have a market which performs exactly the same (very valuable) balancing function but does not create cumulative inequity.
Thats why a 'socialist market' is neither Anti-marxist nor Capitalist; and why it is pretty much a 'must have' for any long term viable society. Nothing else remotely addresses the reality that people want different things to other people ,and the goal that as far as possible they should get as many of those things as is commensurate with fair sharing of those things.