Comment

Comment by sirponm

I don't know if I totally understand these theories but I think modern market anarchists would say that a "freed" (anti-capitalist) market does use prices, and further strips rent/interest/privilege to make those prices accurately reflect subjective cost of labor as well. A freed market would still need commons rules, democratic decisions, norms, hard constraints, which isn't a contradiction in the system. I've seen Carson synthesize marginalism and LTV, that marginal utility decides price in more short term and competition drives cost to labor over the long term, as under the distorting effects of capitalism, these two are further apart than they need be.
parent sirponm 10 months ago

No comments yet

Be the first to share your thoughts.

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton