Friday, December 23, 2011

Substantivist Marxist


Economics is the study of how humans provide for themselves from their environmental surroundings both social and natural. In doing this people through their culture are able adapt to their environment. The material conditions and necessities of life provide the raw materials for societies and their cultures to evolve. Outside of a coherent market economy economic decisions are based upon moral values, ethical concerns, social relationships, community dealings, religion, spiritual importance, political concerns and social cultural standards. Core principles like redistribution and reciprocity founded upon mutual exchange of goods and services as part of a continuing association of people working because of social obligations.  Types of these codes differ drastically cross culturally and historically but the basic logic is nearly universal. Capitalism being unique in that profitable investments trumps social concern for others wellbeing. Economics for a market economy is the study of decision making of cost vs. benefits or rational choice between the alternative uses of limited, scarce, and imperfect insufficient income.    In non-capitalist societies this maybe true by definition, but it only leads to a meaningless tautology because our terms become too broad to have any real meaning. A society that value prestige based upon generosity will produce different personalities than a culture whose economy reinforces individual responsibilities to produce wealth fore wealth’s sake. This circumlocution and this teleological is a belief that purpose and design are a part of a quest to free human nature for the advantages of capitalism.

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