First draft of Chapter 19 of 20 in #cooperative_enterprise_and_Market_Economy by @luisrazeto is done. It's a dense one, very interesting. I can't wait to revise it. But, I think I will do a first draft of Chapter 20 first.
Razeto turns the famously unrealistic notion of "perfect competition" on its head, making it a description of the conditions of a democratic market in which Capital has been subordinated to Labor and Community.
What becomes of the State? Next chapter...
@Matt_Noyes @luisrazeto Razeto's inversion is brilliant. By subordinating Capital to the 'Factor C' (Comunidad/Cooperation), he essentially mathematises Proudhon's 'Agro-Industrial Federation'.
I recently translated the FBES Charter (Brazil) which relies heavily on this Razetian logic – that the market isn't the problem; the capitalist market is. Looking forward to seeing the full translation!
@shaunmurdock @luisrazeto Thanks! Most of the book is already uploaded on geo.coop. I consider it a finished draft, good enough for now but needing another round of revision before print. Can you say more about how inverting perfect competition mathematizes Proudhon? Also, do you work with Euclides Mance?
