Chelsea Green Publishing

Chelsea Green Blog

Market economy made human

Lappé’s title says ‘capitalism that works for all,’ but it’s clear that what she means is ‘market economics that works for all.’ (That’s why I inserted “(sic)” into her title. Her title is much more interesting, but considering her first couple paragraphs, a little strange since obviously incorrect. Anyway, I’m nitpicking. The story she’s reporting on is good and deserves to be spread around.
Capitalism [sic] That Works For All By Frances Moore Lappé, AlterNet Posted on June 23, 2006, Printed on June 23, 2006 http://www.alternet.org/story/37920/ A market economy and capitalism are synonymous — or at least joined at the hip. That’s what most Americans grow up assuming. But it is not necessarily so. Capitalism — control by those supplying the capital in order to return wealth to shareholders — is only one way to drive a market. Granted, it is hard to imagine another possibility for how an economy could work in the abstract. It helps to have a real-life example. And now I do. [ cont’d ]
PS: May I interest you in some Ethical Markets? PPS: See also, Wikipedia on Mondragon.


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