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What are markets?

by Emilio José Chaves

06 December 1999 22:23 UTC


Dear WS-people.
Several recent contributions put me to think a lot.
Randy and Mine write about "What is a market? "
Frank is quoted: " These categories of "transition" and "modes" are not 
essential or even useful tools, but rather obstacles to the .. study of .. 
world system in the past. They also shackle our political struggle and 
ability to confront and manage the development of this same system in the 
present and future."
Gert Kholer about Seattle: "Facts which don't fit some existing theory. Is 
the Frank thesis related to this?"
Elson: "The difficulty is overcoming provincialism and nationalism, that 
is, 
creating trans-national solidarity. A World Party could serve, as one among 
others, the basis for such solidarity."
Richard H. asks: "I still fail to see that anyone has offered "a global 
strategy" as mentioned above".
" how about if somebody other than advocates of .. bourgeois revolution and 
.. of the ... proletarian revolution responds to this and helps move the 
discussion forward?"

Seen from here, we have enough elements to build new proposals for:a) 
systemic understandig (theory),b:) a goal (solidarity for global social and 
ecological justice), and c:)roads of action (to confront and manage the 
development of this same system in the present and future).

WS-network has a place open to present systemic proposals and alternatives 
in detail. Let's send ours to them, so they choose the best ones received 
-it means we trust their past experience in the field, and their good 
intentions-. After a time they give us short versions of them, in an easy 
language, so more people use them as working material to further discussion 
and improve them.
I have a draft already done that is quite technical to discuss here. It 
contains this:
a. A critic to the concept of GNP, and GDP  as used by mainstream economics.
b. A critic to prove that IO-Economics is ill founded from math, data, and 
planning from it has no sense.
c. An alternative open model of systemic economics with market, 
center-periphery, .. where control of average surplus rates and Gini 
coefficient are possible (in ownership and income) without loosing market 
advantages, neither environmental control.

Punctual policies and actions may be good in many cases, but without a 
systemic theory, they do not conduce easily to systemic goals, and groups 
with other valid interests would like to see how they match inside such a 
systemic theory, before their eventual support.
Thanks to all.
Emilio

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