Market Systems Quotes

Market systems all threaten the continued existence of those who are currently successful if they fail to adapt to changes they do not control. This tension is essential to markets serving human well-being better than other economic systems. But at the same time it means that organizations within them have interests at cross-purposes to the system itself. This is true for all spontaneous orders: markets, science, and democracies.

Modernization is found in markets.

You also have to get beyond that to dismantle the system of production for profit rather than production for use. That means dismantling at least large parts of market systems.

Bear in mind that capitalism is a tiny period of human society. You never really had capitalism, you always had one or another variant of state capitalism.

Most countries in Africa have the capacity to be great agricultural producers, but they do only subsistence production. So a family will produce for themselves and nothing more. Why? Because of the systems: The markets are not there to go beyond.

Markets are a good thing, and they are the best way of ensuring we have fairness.

We use competitive markets to arrange for delivery of our food supply.

Right, we've got these institutions of media, these financial institutions, we have the means of distribution, we have the means of production, we have all these markets and maxims in place. How do we alter the consciousness, the fundamental unifying field? How do we influence change on that level to all of the world?

There are simple things which would make sense. Take, say, weatherization, which would make a big cut in the unemployment rate. That's the kind of work that plenty of people are quick to do, and it would save individual households money, and it would make a significant reduction in the threats of climate change. But something is holding it back: the sociopathic character of market systems.