https://truthout.org/articles/capitalism-is-not-the-market-system/
"Why does it matter to differentiate markets and other distribution
systems from production systems? The answer emerges from the recognition
that most economic systems combine one or more production systems with
one or more distribution systems. For a long time, the observers of such
combinations – both celebrants and critics – have tended to conflate the
two systems combined, as if they were one. Indeed, defining capitalism
as “the market” or the “free market” system is precisely such a conflation."
Via Tim Schermerhorn and Franklin Stone.
Cheers,
*** Xanni ***
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mailto:xanni@xanadu.net Andrew Pam
http://www.xanadu.com.au/ Chief Scientist, Xanadu
http://www.glasswings.com.au/ Partner, Glass Wings
http://www.sericyb.com.au/ Manager, Serious Cybernetics
