[lbo-talk] IT innovation and 'the Markets'

dredmond at efn.org dredmond at efn.org
Thu Mar 5 13:12:03 PST 2009


On Thu, March 5, 2009 12:51 pm, SA wrote:


> But....but....haven't you noticed all the people on this list (and
> elsewhere, in certain left precincts) who insist the goal must be to
> abolish all markets?


>From where I'm standing, it looks like markets are doing a thorough job of
destroying themselves. A more productive question is, what do we human beings, as a species, replace the cannibalistic madness of market fundamentalism with?

This is why I constantly rant about my hobby-horse, the developmental state. I'm all for a classless society, free from the ravages of capital, but in the short run, we're going to need a vastly expanded state sector, just to prevent things from getting worse. If that's the case, then we need to democratize, plebianize and ecologize the state.

-- DRR



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