Market: Difference between revisions
Jump to navigation
Jump to search
mNo edit summary |
DieLinke132 (talk | contribs) No edit summary |
||
| Line 1: | Line 1: | ||
A '''market''' is an abstraction which represents the sum total of all production for exchange, and all [[market exchange]] within a system. [[Capitalism]] is founded upon production for exchange, and so is characterized in part by the presence of a market. | A '''market''' is an abstraction which represents the sum total of all production for exchange, and all [[market exchange]] within a system. [[Capitalism]] is founded upon production for exchange, and so is characterized in part by the presence of a market. | ||
[[Category:Capitalism]] | [[Category:Capitalism]] | ||
[[Category:Marxist economic concepts]] | [[Category:Marxist economic concepts]] | ||
A "free" market is a mythological concept of a market devoid of [[state]] interference, although the majority of the bourgeoise and right-wingers support government intervention in terms of Bailouts, Subsidies, IP Protection, etc. while still claiming to be proponents of "Free Market Capitalism". | |||
Revision as of 15:30, 3 January 2024
A market is an abstraction which represents the sum total of all production for exchange, and all market exchange within a system. Capitalism is founded upon production for exchange, and so is characterized in part by the presence of a market. A "free" market is a mythological concept of a market devoid of state interference, although the majority of the bourgeoise and right-wingers support government intervention in terms of Bailouts, Subsidies, IP Protection, etc. while still claiming to be proponents of "Free Market Capitalism".