Comment on When we explain to other people how our capitalist system works and they recoil in horror

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Cowbee@lemmy.ml ⁨3⁩ ⁨days⁩ ago

Trade isn’t the same as a market, necessarily, and markets aren’t the same as the specific Capitalist iteration that depends on the M-C-M’ circuit where commodities C are produced with money M in exchange for greater money M’. When Marxists say they wish to abolish markets, they mean so by stating that they wish, rather than production being handled through competing entities where that M-C-M’ circuit applies, we instead fold all of these entities into the public sector and democratically plan them along a cooperative basis.

Early on, there would presumably be labor vouchers, which differ from money in that they would be destroyed on first use. A sort of credit for work, for use in the only “store” that exists. Social services and safety nets would be deducted from your “pay” and be free at point of service. Things like that, and this doesn’t really constitute a “market” in the normal sense of the word. Eventually, these labor vouchers would likely be abolished once they became unnecessary.

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