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Topic: Market based socialism: Buy less & save?
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Pearson
rabble-rouser
Babbler # 12739
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posted 10 August 2006 08:15 AM
The problem with expecting free market forces to work in a socially altristuic manner, is that it assumes perfect knowledge. Will most Canadians pay a few extra cents for a product by a company that is environmentally responsible, pays fair wages, doesn't test on animals etc. Sure. Will most Canadians invest hours to research which products are OK to purchase and which aren't? No. The fact of the matter is that Canadians are terriblly uninformed of the actions of many of the companies - with the exception of the usual targets - ie WalMart, Nike and Mcdonalds. Canada fought tooth and nail to ensure that GMO foods did not have to be labelled such that we have no idea whether our foods are genetically modified or not. The onus is on the customer to find out, and for the responsible companies to make us aware of what they are doing - rather than the other way around. This needs to change.
From: 905 Oasis | Registered: Jun 2006
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Ward
rabble-rouser
Babbler # 11602
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posted 11 August 2006 03:29 AM
After some consideration...here's what I've come up with. Socially minded folk need to collaborate more around influencing the market.To start, a general campaign calling for 10% less consumption...of everything. Electricity is one example, but so to could use of your car be another or how about getting a few more days out of your guitar strings? The Walmarts of the world thrive on the disposable society.
From: Scarborough | Registered: Jan 2006
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farnival
rabble-rouser
Babbler # 6452
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posted 11 August 2006 08:02 AM
quote: Originally posted by Ward: ...Socially minded folk need to collaborate more around influencing the market.To start, a general campaign calling for 10% less consumption...of everything.
ward, while i appreciate and agree with the angle you are suggesting here, there is one problem, namely "the market". The Market, or "free-market" inherently requires profit. this is actually codified into a non-negotiable requirement by fiduciary duty. As in a company cannot be socially or environmentally responsible if that means it makes less money than if it is not. So, logically, if market oriented companies were to advocate 10% less consumption, they would be perfectly free to do so as long as they still show an ever increasing profit margin and return for thier shareholders. The only way to do this is to increase the price of thier product or commodity, and the consuming public will not support paying more for less. period.
From: where private gain trumps public interest, and apparently that's just dandy. | Registered: Jul 2004
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slimpikins
rabble-rouser
Babbler # 9261
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posted 11 August 2006 09:27 AM
For sure, capitalism relies on a continuious cycle of production. That's why we went from reel to reel tapes to records to 8 tracks to cassette tapes to CD's to MP3's, and you can bet that even while you are out buying the latest in 'improvements' the next innovation is already invented, all ready to go, just as soon as the market is saturated with the last newest thing.But what will happen when we run out of resources? Could it spell the end of the capitalist system, or at least huge changes to the current incarnation? Almost certainly we would see an end to the walmart economic model, as due to scarcity the cost of all that cheap plastic crap would be out of the range of most people. It would probably become a status symbol to have all that junk, and places that sold it would start to look more like a boutique. The masses would be in the situation of having to 'use it up, wear it out, make it do or do without'. This may even cause a consciousness raising in the general population, which is what is really needed anyhow. Most people don't think about it this way, but would YOU give up your DVD player and go back to VHS if it meant that 100 Million tons of garbage stayed out of landfills?
From: Alberta | Registered: May 2005
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farnival
rabble-rouser
Babbler # 6452
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posted 11 August 2006 02:17 PM
http://news.bbc.co.uk/2/hi/business/5256584.stmwhoa! check this out. I noticed it just now on bbc.com and it essentially is the absolute reverse of otter's suggestion to consume less, and acutally ponders solutions to the problem of how workers of outsourced industries can still consume in absence of a job! quote: But even for European workers priced out of traditional manufacturing jobs there is a silver lining.They have unprecedented access as consumers to cheap global products they could not possibly afford under a restrictive, protectionist trade regime.
you have now entered the twighlight zone.... [ 11 August 2006: Message edited by: farnival ]
From: where private gain trumps public interest, and apparently that's just dandy. | Registered: Jul 2004
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slimpikins
rabble-rouser
Babbler # 9261
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posted 11 August 2006 03:26 PM
What is a protectionist trade regime? Is it one that throws up borders for goods, for workers, or for capital?If you restrict the inflow of goods, you keep jobs and capital in your region. If you restrict the outflow of capital, you keep jobs and workers in your region. If you restrict the outflow of workers but let capital and goods flow freely, then you will wind up with no manufacturing base, no capital or jobs, and a steady supply of cheap plastic crap flowing into your local walmart. The higher paid, more likely to be Unionized with benefits jobs in the manufacturing sector will fly the coop to someplace with few regulations (regulations like health and safety, environmental, worker protection cost money, remember) be replaced with low paying, part time, little or no benefits service sector jobs. If anyone can explain how an economy can thrive when it consists mainly of people cutting each others hair and flipping each others burgers without any resource or manufacturing industry, I would love to hear it.
From: Alberta | Registered: May 2005
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Michelle
Moderator
Babbler # 560
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posted 11 August 2006 04:21 PM
quote: Originally posted by Ward: Toronto Hydro'srebate incentive got me thinking. Can socialists adopt/adapt the supply and demand market concept? After all, the masses may never and perhaps, should never be expected to behave in some perfect socially altruistic manner.
Oh, that totally pisses me off. So, for those people who are already not being energy hogs, they get no benefit. People who are being energy hogs, but reduce their consumption to a level that is still way higher than those who have been conserving energy all along? Why, they get a reward! I personally think that if you want to go the market-based route to conservation, you do it this way: The first x amount of energy is priced at a much lower price. The next marginal amount of energy is priced at a higher price. The next marginal amount is priced even higher, and so on. Either that, or I think it should be so that if you use under X amount, you get X price per unit. If you use between X (lowest) and Y (next lowest) amount, you pay Y price for all of it. If you use between Y (second lowest) and Z (third lowest) amount, you pay Z prince for all of it. (I'm using letters because, as a person who has had inclusive rent for years, I have no clue how much electricity costs per unit.)
From: I've got a fever, and the only prescription is more cowbell. | Registered: May 2001
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Fidel
rabble-rouser
Babbler # 5594
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posted 12 August 2006 05:08 PM
quote: Originally posted by Stephen Gordon: As long as someone, somewhere is producing what you want, and is willing to trade it for what you produce, then there's no problem. There's no reason for any country to be self-sufficient in everything, any more than any household has to be self-sufficient.
But importing what we don't make and exporting all we do make puts extra emphasis on physical transportation of goods ie. rail lines, trucking, shipping etc. Accelerated free trade sounds like a great idea, but why make ourselves dependent on other countries and create vulnerabilities within our own economy with unprecedented foreign ownership of our raw materials and means of production?. This part of globalism I don't understand. And Canada seems to have increased foreign ownership of crown corporations and sold-off control of our raw materials like no other developed country. What is the advantage to this, and why does it appear to be no more to our advantage than colonialism was to India and other colonies?. And what about increased pollution associated with various means of physical transportation in a time when we need to conserve ?. I agree in general with the idea of trading freely with other nations, but I think we're back to worshipping invisible hands again when free traders call for unbridled, regulation-free trade. Where does democracy fit in with all these big business-friendly trade rules which are said to be designed to override the political power of our democratically-elected officials ?.
From: Viva La Revolución | Registered: Apr 2004
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