No subject
Fri May 30 04:35:31 MDT 2008
"Market socialism is a term used to denote two different economic
system(s) based in socialism which operate according to market
principles. The first term relates to an economy directed and guided
by socialist planners on either a local or state level. The earliest
models of this form of market socialism were developed by Enrico
Barone (1908) and Oskar R. Lange (c. 1936). Lange and Fred M. Taylor
proposed that central planning boards set prices through "trial and
error," making adjustments as shortages and surpluses occurred rather
than relying on a free price mechanism. If there were shortages,
prices would be raised; if there were surpluses, prices would be
lowered."
Reply:
Yes, but this is a system which is traditionally used to maintain existing
social relations by attempting to alleviate the worst effects of the market. My
interest is in changing social relations.
The example of Cuba and the US under the New Deal provide concrete examples
of the transitional nature of any economy which attempts to survive the
external pressures of competing economic social and economic systems, one moving
from left to right and the other vice versa.
Under the pressure of a global depression, and with the Soviet Union a
spectre in the background, the Roosevelt administration was forced to intervene on
the wide of the US working class as the contradictions in the existing
economy threatened to explode into social convulsion and the threat of revolution.
In so doing it moved to the left and in the direction of a planned economy.
As for Cuba, due again to external and internal pressures (external in the
form of the blockade. Internal in the form of the increased demand for access
to consumer goods by its people), is keen to attract FDI to its economy. In
so doing it has moved economically in a rightwards trajectory and social
relations have been affected, albeit within the parameters of a social system
committed to social and economic justice. However, if this increased look to
market reforms continues, there will inevitably come a point at which this
commitment will be tested and strained more and more.
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