• freagle@lemmygrad.ml
    ·
    4 months ago

    markets should be restricted to unnecessary 'luxury' and 'leisure' sectors such as content creation, video games or art,

    This is mostly impossible because production of these things relies on private property of at minimum:

    • the land needed to produce the things
    • the land needed to store the things
    • the machines needed to produce the things
    • the commodities needed to produce the things

    This doesn't even take into account the externalized waste stream.

    Market dynamics can work for cottage industries and in fact that tends to be the only way to manage it in a world of scarcity and famine. Once subsistence requirements are met abundantly, cottage industries can choose to use markets or gifts as their mode of exchange, with gifts tending to be more sustainable. Even if you allow markets for cottage industries, you still run the risk of monopolization and exploitation and the state needs to monitor and intervene, which makes it temporary at best.