Economía marxista para el Siglo XXI

Entradas etiquetadas como ‘Seth Ackerman’

On Communism and Markets: A Reply to Seth Ackerman

Apparently rejected by Jacobin, this was originally posted over at Krul’s Notes and Commentaries blog.

Matthijs Krul

In his recent essay on Jacobin, Seth Ackerman makes a number of common arguments in favor of some form of market socialism over and against central planning as well as other designs for non-market, non-capitalist economies. The essay contains much that most socialists could agree with. He rightly cites the failure of the neoclassical argument for general equilibrium to apply in real-world situations under the devastating theoretical impact of the Cambridge capital critique and the so-called ‘theory of the second-best’, and the lack of statistical evidence proving the superior efficiency of market capitalist societies over those of the former Soviet bloc. The historical record of capitalism to achieve general efficiency, equity, and democracy is, in short, atrocious, and neoclassical economics always serves first and foremost as apologetics for this system – we probably need not go into this further.

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