Pat Devine is a market socialist. Market socialism is an attempt to 
establish socialism in a capitalist economy. It is an attempt to reconcile
the irreconcilable.  Market socialists treat market ahistorically,
abstracting it from its capitalist and historical content. Recently,
market socialists have used right-wing economist Hayek's arguments about
information assymetry in planned economies to suggest that socialism
without a market economy is an inefficient economic system.

btw, Hahnel and Albert seem to overstate their differences from market
socalists, as fas as I can tell from what they post on Z magazine
concerning participatory economics. Since they have converged somewhat,
according to recent information, I assume they must be the same.


Mine Doyran


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