- Capitalism and Alternatives -

'Effective demand'

Posted by: Stoller on September 30, 1999 at 10:35:40:

In Reply to: want? whats that? posted by Gee on September 29, 1999 at 14:26:42:

:: Pay the proletariat a dollar, then ask: 'Would you care to buy a Big Mac or health care?' When they refuse the latter because they cannot buy it with a dollar, the 'free market' then decides that 'all poor people want is hamburgers'! Yum yum!

: Want? What is effectively demanded you mean. Also 'want' comes with a price tag. What if said fellow 'wanted' option B that much more - so much he was willing to gamble the dollar in the hopes of getting a high return - risk it if you will. How much want is want?

'Effectively demanded'? Working people can 'effectively demand' only according to what capital pays them. 'Risk it if you will'? Working people don't invest their wages, they return them to the capitalists for another capitalist production cycle. 'Option B' is starvation. Who are you trying to fool?

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