Scarcity

Forstater, Mathew ForstaterM at umkc.edu
Thu Apr 12 09:40:12 PDT 2001


1. I would have thought it was anthro 101 that there are completely different conceptions of time under capitalism than under other modes of production, and time is experienced and understood very differently in other societies. (_Science as Culture_ 1993 or 1994 had a good article on capitalist time, and Johannes Fabian's work, e.g., _Time and the Other_, for recent work in anthropology). Projecting one's own notion of time onto other cultures is behind charges of 'irrationality', but perhaps that is also unproblematic?

2. Nell, e.g., has argued that 'allocating' resources is, ironically, one of the most important thing that markets _don't_ do well (see, e.g., his _Making Sense of A Changing Economy_). What markets do do, is promote in technical innovation, a very different matter indeed.

Mat



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