Hmmmm, looks like someone isn't too sure what a commodity is, I wonder if there's a book or something somewhere that literally begins by defining what that word means
Commodities are good because they are traded on Markets which are also good.
De-Commodification is bad because it takes away Markets which are good.
Everyone knows that Communism Is When No Food. And the reason for No Food is because when Food is a Commodity, Markets make them plentiful. Farmers want to make a profit so they make more food. And when Markets are flush with food, the food becomes cheap. And then everyone wins.
But when you de-commodify something, you have to ration it because nobody wants to make any more of it. This is why people had famines for thousands of years. No markets means no profit-motive. No profit-motive means no incentive to labor. And no incentive to labor means no commodities to buy.
Now, you might be about to assert a number of contradictions and historical counterfactuals to the above claims. Let me preempt them all by saying you are wrong, you are dumb, you have been brainwashed, and you don't really understand economics at all because you are a Leftist.
Now, if you don't mind, I'm off to take pictures of the empty interior of my local Supermarket and explain why this is just like North Korea.
::menaker_voice:: This week's reading series is by friend of the show Thomas Friedman, with a little article titled "Commodities: Capitalism's secret weapon"
Hmmmm, looks like someone isn't too sure what a commodity is, I wonder if there's a book or something somewhere that literally begins by defining what that word means
Commodities are good because they are traded on Markets which are also good.
De-Commodification is bad because it takes away Markets which are good.
Everyone knows that Communism Is When No Food. And the reason for No Food is because when Food is a Commodity, Markets make them plentiful. Farmers want to make a profit so they make more food. And when Markets are flush with food, the food becomes cheap. And then everyone wins.
But when you de-commodify something, you have to ration it because nobody wants to make any more of it. This is why people had famines for thousands of years. No markets means no profit-motive. No profit-motive means no incentive to labor. And no incentive to labor means no commodities to buy.
Now, you might be about to assert a number of contradictions and historical counterfactuals to the above claims. Let me preempt them all by saying you are wrong, you are dumb, you have been brainwashed, and you don't really understand economics at all because you are a Leftist.
Now, if you don't mind, I'm off to take pictures of the empty interior of my local Supermarket and explain why this is just like North Korea.
::menaker_voice:: This week's reading series is by friend of the show Thomas Friedman, with a little article titled "Commodities: Capitalism's secret weapon"
Holy shit. I get it now