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Market greed or Market greed or a planned economya planned economyfor social need?for social need?
Is a publicly owned,Is a publicly owned,democratically controlled economydemocratically controlled economyactually desirable or feasible?actually desirable or feasible?
Ou
r capitalist economy
Ou
r capitalist economy
M
ajor economic units
M
ajor economic units ²²factories, mines, farms,factories, mines, farms,supermarkets, transport,supermarkets, transport,banksbanks ²²all privatelyall privately
owned.owned.
Decisions by owners madeDecisions by owners madesolely in interests of profit.solely in interests of profit.
Satisfaction of social needsSatisfaction of social needspurely incidental, if at all.purely incidental, if at all.
C
apitalist anarchy
C
apitalist anarchy
³P
roduction for the market isproduction for
unknown
customers,in
unknown
quantities, and with
unknown
financial results.´
² Ernest Mandel
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