a very good point indeed. the relation between the free market and centralized and decentralized decision-making.
The solidary economy includes economic organizations such as cooperatives, associations of small producers, local or regional economies characterized by degrees of cooperation between businesses, local money initiatives, community initiatives for the delivery of services, and the like. In general, the solidary economy is characterized by economic units owned by their workers (or small businesses), where the goal is the reproduction of life rather than the accumulation of capital (Singer 2011). Solidary economies often emerge as defensive reactions of people excluded from the labor market, but they can also become engines of growth for localities or regions. The development of such an economy can achieve important goals of the left:
a. Solidary economic activities create employment, offering options to people who are not incorporated into the formal circuits of accumulation or reintegrating into economic life people who have been displaced by the “creative destruction” of the market;
b. Solidary economic activities can consolidate the social life of localities and regions. As solidary economic units do not leave in search of higher profits, they can be the anchor of stable communities;
c. Solidary economic activities can also operate as economic stabilizers. Since solidary economic units do not fire people in times of economic downturns, they can sustain economic demand at the local level. If the solidary economy is large enough, it can have a stabilizer effect at the national level on Keynes’ aggregate demand.
criticatac, capitalism, bani
a very good point indeed. the relation between the free market and centralized and decentralized decision-making.
the objects, the commodities have a intrinsic social and historical usefulness. capitalism is the system of their movement, not of their creation (at least then).