----------------- HES POSTING ----------------- At macroeconomic level, what does the market regulate? If the whole supply meets the whole demand, regulation is already completed in the sphere of production and, upstream, by investment. But the whole supply, or more exactly productive capacity, does not meet a matching demand. This is the reason why we are witnessing a fierce market competition at a macroeconomic scale. Now, the question is: why does it remain a resulting overproduction or overcapacity of production (and therefore something to be regulated by the market), while every firm does its best at reducing its costs and producing quantities in accordance with market inquiries? This paradox shows that the expression "market economy" does not refer to a normal stable reality, but to a disease. In all probability : the financial crisis that undermines the occidental World System, despite some remissions, since the sixties. Someone wrote: "it has been the Soviet Union, but now?". Now? People's fate, in former soviet empire, is much worse than twenty years ago. And this, for having swaped an utopia for another. Romain Kroës ------------ FOOTER TO HES POSTING ------------ For information, send the message "info HES" to [log in to unmask]