Techniques | Socialist Action 1983

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which are consumed, or intended for consumpuon, In any form arallwhether it be food, cars, or guns intended for war. At this level whether these goods are consumed by dividuals or provided by the state is not crucial. The second category are goods intended for producing other goods — the 'means of production' in the terms usea in Clause 4 of the Labour Party constitution.

the mechanisms which determine the demana for the type of goods are completely different where the problems start. If foreign trade is excluded for the moment then it is relatively easy to regulate the demand for consumption goods - and to ensure that consumption goods are sold on the market.

The human social needs for food, clothes, hospitals, schools, entertainment and so on are for practical purposes unlimited. The sole limit what is actually bought of such goods and services is naving the money buy them. Any method creases une money avallable to buy such goods - whether it be cutting taxes, raising wages, increasing pensIons, launching programmes - will sharply increase the demand for consumption goods.

in- well known, of time.

sions, working class wages. however, huge which again.

for their ticularly well objectives. on elementarv demand for consumption which inspend the low

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Socialist Action 28 September 1984