Re: [OPE] Why Markets Fail

From: Dave Zachariah <>
Date: Wed Nov 12 2008 - 13:15:21 EST

on 2008-11-12 19:02 Anders Ekeland wrote:
> I agree that markets are - as a general mechanism - socially negative,
> but they cannot be abolished overnight, they have to be "aufgehebt" by
> creating a *relative* abundance - like what is happening with digital
> music, video, information - where markets clearly are being made
> superflous by close to costless sharing of usevalues.

I think the idea that markets for goods and services will be superseded
this sort of relative abundance is an hopelessly utopian. It is true
that information can nowadays be copied and reproduced at a social cost
that is very low in relative terms, but for all other goods and services
this is far from the case.

//Dave Z
ope mailing list
Received on Wed Nov 12 13:17:26 2008

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