Saturday, September 11, 2010

Markets are opposed to centralization and totalization

Some thoughts on Polemics  James K. Stanescu 
I also can't help but share impatience at many Marxists hatred of markets. While there is no singular entity called The Market, much less The Free Market, markets exist. And markets are powerful tools for decentralized organization. Many on the left oppose cap and trade because it creates a market, and many on the left opposed health care exchanges because it again functioned as a market. I'm not sure how much Marx is to blame for the anti-markets bias, but for DeLanda (following Braudel), markets are powerful and useful tools, and at their heart are opposed to centralization and totalization. Posted by Scu at 2:47 PM WEDNESDAY, SEPTEMBER 8, 2010

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