A market society, to me, means a capitalist society in which market relations dominate other aspects of society outside of the formal market. It is a continuing process. For example, the law and economics movement insists that market calculations should dominate legal decisions.
I understand what you are saying is that a market society can come before full-blown capitalism. We seem to be using the same term differently. On Tue, May 12, 2009 at 11:46:54AM -0500, Carrol Cox wrote: > A market society is not necessarily the same as a capitalist society. > And since only capitalist societies _have_ an economy (an interdependent > set of relations) only a capitalist society can give rise to formal > political economy (or "economics). > -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
