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I came to the magazine with a poet's or a scholar's or a philosopher's antagonism to the market process.
"The Bell companies are in the driver's seat," he said, "whether there is a market process, or a regulatory process".
"Without a radical reconsideration of the market process – without a forceful challenge to capital's power – neither progressive charters nor legal instruments will produce an equitable and sustainable city".
They need public agencies and regulators to save us from gross mistakes, and, paradoxically, to protect the pluralism that the market process extinguishes.
We have already regulated and have plans to improve competition, simplifying tariffs through the retail market process, and we will improve liquidity and competition in the wholesale market through the energy bill in weeks rather than months.
The market process closes this gap by a bidding up of prices to the point at which the difference between income and consumption, in money terms, is big enough to accommodate the government expenditure.
Similar(25)
If weapons were purchased by competitive market processes, conservatives believe that they would be even better.
The destruction that the self-regulating market caused was met by attempts to assert social control over market processes.
Since Adam Smith, economists have argued that market processes can efficiently organize the activities of producers and consumers.
Money markets exist in countries that use market processes rather than planned allocations to distribute most of their primary resources among alternative uses.
"This administration really does not like regulation and it believes in market processes in general," said Dr. John H. Marburger III, the president's science adviser, who is a Democrat.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com