[lbo-talk] Understanding _Capital_ (Was Re: barbaric)

Dmytri Kleiner dk at telekommunisten.net
Mon Mar 12 10:10:20 PDT 2007


Tayssir John Gabbour wrote:


> I believe German's word "Supermarkt" is the same as English's
> supermarket. (Which are both in contrast to the mom & pop store, or
> "Tante-Emma-Laden.")

Ja, genau.


> So I expect you're fully aware what I mean by this analogy;

I barely speak German, actually.

[...]


> Assuming you're being halfway serious,

Yes, am being serious. I am not sure why you think otherwise.


> people frequently build institutions to decrease burdens, increase efficiency, etc.
> So I made an analogy to today's supermarkets.

Yes, but what is the logic of the analogy?

The question of allocation of productive factors towards the fulfillment of consumer preference is not a question of where you go to buy them.

A market system, like that which is a supermarket is part of the chain of, depends on price feedback to allocate productive factors.

The relevant feature of both a supermarkt and a tante-emma-laden is that

the items have a price. And the important part about that is that it is consumer demand relative to supply that establishes price at the point of encounter.

What is the role of a parecon-supermarket? Other than to provide shelves?

-- Dmytri Kleiner, robotnik Telekommunisten, Berlin.

dk at telekommunisten.net http://www.telekommunisten.net freenode/#telnik



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