http://atlantawealthnetwork.com/house-md-the-real-cause-of-the-current-financial-crisis/ Business Wealth Mastermind Events For the Entrepreneur Mon, 21 May 2012 01:43:31 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://atlantawealthnetwork.com/house-md-the-real-cause-of-the-current-financial-crisis/comment-page-1/#comment-5880 qiaokelisi Fri, 22 Jan 2010 13:37:23 +0000 http://atlantawealthnetwork.com/house-md-the-real-cause-of-the-current-financial-crisis/#comment-5880 what kind of freedom is the freedom of the market? very narrow sense of freedom: 1) buyer can just choose between some ready-made options; 2) just the buyer and the seller have the freedom to make a decision, third parties that might be affected don't have a say and their freedom is restricted; 3) the more powerful market participants have a bigger influence on the market exchanges and the freedom of the less powerful participants in the market is restricted; {1} what kind of freedom is the freedom of the market? very narrow sense of freedom: 1) buyer can just choose between some ready-made options; 2) just the buyer and the seller have the freedom to make a decision, third parties that might be affected don’t have a say and their freedom is restricted; 3) the more powerful market participants have a bigger influence on the market exchanges and the freedom of the less powerful participants in the market is restricted; {1}

]]> http://atlantawealthnetwork.com/house-md-the-real-cause-of-the-current-financial-crisis/comment-page-1/#comment-5881 qiaokelisi Fri, 22 Jan 2010 13:35:53 +0000 http://atlantawealthnetwork.com/house-md-the-real-cause-of-the-current-financial-crisis/#comment-5881 3) communist economy: freedom for everyone to get what they need and the obligation to give what they are able to give to those who need and whom they trust and expect to do the same for them. the more trust there is between the members of a society, the more dominant this mode of production can become. (note, Im not talking about coordinator class dominated state socialism in the Soviet Union or in China, often wrongly referred to as communism) {8} 3) communist economy: freedom for everyone to get what they need and the obligation to give what they are able to give to those who need and whom they trust and expect to do the same for them. the more trust there is between the members of a society, the more dominant this mode of production can become. (note, Im not talking about coordinator class dominated state socialism in the Soviet Union or in China, often wrongly referred to as communism) {8}

]]> http://atlantawealthnetwork.com/house-md-the-real-cause-of-the-current-financial-crisis/comment-page-1/#comment-5882 qiaokelisi Fri, 22 Jan 2010 13:35:21 +0000 http://atlantawealthnetwork.com/house-md-the-real-cause-of-the-current-financial-crisis/#comment-5882 2) self-organised economy like parecon (participatory economics): participatory planning, consumer and workers councils, decision making input in proportion to effect, balanced job complexes, remuneration according to effort and sacrifice (michael albert: parecon). here everyone (not just buyer and seller, not just the powerful, not just the dominant classes) has the freedom to live his/her life the way she/he wants to (and not just choose between ready-made options). {7} 2) self-organised economy like parecon (participatory economics): participatory planning, consumer and workers councils, decision making input in proportion to effect, balanced job complexes, remuneration according to effort and sacrifice (michael albert: parecon). here everyone (not just buyer and seller, not just the powerful, not just the dominant classes) has the freedom to live his/her life the way she/he wants to (and not just choose between ready-made options). {7}

]]> http://atlantawealthnetwork.com/house-md-the-real-cause-of-the-current-financial-crisis/comment-page-1/#comment-5883 qiaokelisi Fri, 22 Jan 2010 13:34:59 +0000 http://atlantawealthnetwork.com/house-md-the-real-cause-of-the-current-financial-crisis/#comment-5883 1) gift economy: the gift is a hybrid form of freedom and obligation. the seemingly clear cut difference between freedom and obligation, self-interest and altruism is a very recent concept and it cannot deal with every part of social reality (marcel mauss: the gift). the gift creates relations but they are still somehow close to market relations, as these relations may be ended as soon, as a gift is given in return (david graeber: anthropological theory of value, ch. 6). {6} 1) gift economy: the gift is a hybrid form of freedom and obligation. the seemingly clear cut difference between freedom and obligation, self-interest and altruism is a very recent concept and it cannot deal with every part of social reality (marcel mauss: the gift). the gift creates relations but they are still somehow close to market relations, as these relations may be ended as soon, as a gift is given in return (david graeber: anthropological theory of value, ch. 6). {6}

]]> http://atlantawealthnetwork.com/house-md-the-real-cause-of-the-current-financial-crisis/comment-page-1/#comment-5884 qiaokelisi Fri, 22 Jan 2010 13:34:10 +0000 http://atlantawealthnetwork.com/house-md-the-real-cause-of-the-current-financial-crisis/#comment-5884 these already existing economic relations can also become the dominant mode of production: {5} these already existing economic relations can also become the dominant mode of production: {5}

]]> http://atlantawealthnetwork.com/house-md-the-real-cause-of-the-current-financial-crisis/comment-page-1/#comment-5885 qiaokelisi Fri, 22 Jan 2010 13:33:47 +0000 http://atlantawealthnetwork.com/house-md-the-real-cause-of-the-current-financial-crisis/#comment-5885 every day we recreate (and this means we have the possibility to change) the dominant capitalist economy as well as our communist relations (with our best friends, with our family members: we give what the other needs, because we know they would do the same for us; open source: we give what we can give), gift relations (birthday presents, christmas presents), self-organised relations (food coops, self-managed workplaces) within our society dominated by the capitalist mode of production. {4} every day we recreate (and this means we have the possibility to change) the dominant capitalist economy as well as our communist relations (with our best friends, with our family members: we give what the other needs, because we know they would do the same for us; open source: we give what we can give), gift relations (birthday presents, christmas presents), self-organised relations (food coops, self-managed workplaces) within our society dominated by the capitalist mode of production. {4}

]]> http://atlantawealthnetwork.com/house-md-the-real-cause-of-the-current-financial-crisis/comment-page-1/#comment-5886 qiaokelisi Fri, 22 Jan 2010 13:33:18 +0000 http://atlantawealthnetwork.com/house-md-the-real-cause-of-the-current-financial-crisis/#comment-5886 you asked for an alternative to the freedom of the market? in fact there are many possible economic alternatives, but you cant choose between them (like on the market) in a technocrats way. society doesnt work like this. its human beings who on the basis of the existing structures change, create and recreate new structures through their agency. {3} you asked for an alternative to the freedom of the market? in fact there are many possible economic alternatives, but you cant choose between them (like on the market) in a technocrats way. society doesnt work like this. its human beings who on the basis of the existing structures change, create and recreate new structures through their agency. {3}

]]> http://atlantawealthnetwork.com/house-md-the-real-cause-of-the-current-financial-crisis/comment-page-1/#comment-5887 qiaokelisi Fri, 22 Jan 2010 13:32:22 +0000 http://atlantawealthnetwork.com/house-md-the-real-cause-of-the-current-financial-crisis/#comment-5887 4) a market economy with private property produces two or three classes: capitalists, (coordinators), workers. when people without the means of production have to sell their labor force on the labor (force) market, their freedom is extremely restricted, they loose their right to decide how to use their creative energies and capacities, as the capitalist (or the coordinator in the name of the capitalist) tells them what to do. {2} 4) a market economy with private property produces two or three classes: capitalists, (coordinators), workers. when people without the means of production have to sell their labor force on the labor (force) market, their freedom is extremely restricted, they loose their right to decide how to use their creative energies and capacities, as the capitalist (or the coordinator in the name of the capitalist) tells them what to do. {2}

]]> http://atlantawealthnetwork.com/house-md-the-real-cause-of-the-current-financial-crisis/comment-page-1/#comment-5888 chicalleje Fri, 22 Jan 2010 01:30:28 +0000 http://atlantawealthnetwork.com/house-md-the-real-cause-of-the-current-financial-crisis/#comment-5888 How can you have freedom without a free market? What kind of freedom is that? The problem is the state violence, not the free market. How can you have freedom without a free market?
What kind of freedom is that?
The problem is the state violence, not the free market.

]]> http://atlantawealthnetwork.com/house-md-the-real-cause-of-the-current-financial-crisis/comment-page-1/#comment-5889 jdbrown371 Wed, 21 Oct 2009 01:29:43 +0000 http://atlantawealthnetwork.com/house-md-the-real-cause-of-the-current-financial-crisis/#comment-5889 Well, very true but you fail to point out how banks (the big ones like JPM, GS, CIT) are using our own government against us and that through their political connections forced a gargantuan trillion dollar bailout on everyone which if we decide not to pay will certainly result in VIOLENCE. I don't think the police are going to storm the bankers houses any time soon but I'm sure people in default through no fault of their own will be. Your story is too simple. Well, very true but you fail to point out how banks (the big ones like JPM, GS, CIT) are using our own government against us and that through their political connections forced a gargantuan trillion dollar bailout on everyone which if we decide not to pay will certainly result in VIOLENCE. I don’t think the police are going to storm the bankers houses any time soon but I’m sure people in default through no fault of their own will be. Your story is too simple.

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