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Pro-market anti-capitalism (files.mastodon.social)

Pro-market anti-capitalism

Many on the left conflate markets with capitalism and oppose both. This is a mistake. Markets freed from capitalism where every workers' inalienable right to worker democracy may be useful, and help avoid the calculation problem. That being said, I'm highly sympathetic to those that seek to explore what might be possible without markets as that area is under-explored. Ultimately, we should emphasize worker coops

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[-] PhlubbaDubba@lemm.ee 1 points 3 months ago

Not to mention how "Market" is a collection of behaviors which occur naturally in an economic environment absent direct intervention.

It is abjectly impossible to intervene in an entire economy, so the way to handle markets is to understand how they work and apply intervention as is actually needed, like say for example establishing standard setter state runs in industries where competition has turned into a race to the bottom to force better behavior like federally run hospitals or grocery stores, or establishing a more ethical alternative to industries that are a net negative to public interests, like building out short and mid hop high speed rail to undercut the commercial viability of short and midhop flights.

this post was submitted on 28 Jul 2024
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