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Lindblom - The Market System - Afghan Journalists' Committee

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292 IndexControl: in market system, 7–8; byinducement, 7–8; by command,7, 77–78; in mutual adjustment,24–25; for coordination, 20; overresult or over process, 71; definesmarket-system domain, 90–91;of consumers by market elites,213–14; through communications,213–14Cooperation: as coordination, 20;through control, 20; scope, 20–22; defined, 21; rooted in conflict,22–23; illustrated, 36–43Coordination: and social order, 19–20; without a coordinator (seeMutual adjustment); in face ofscarcity, 32–34. See alsoCooperation; PeacekeepingCost: defined, 128–29; moneycosts, 129; allocative efficiency,129; marginal, 131; prices asmeasure of, 132–34; and efficiencyprices, 134–39Darwin, Charles, 29Defining rules of market system,52–58Definition of market system, 4, 96,280Democracy: as popular controlover elites, 65, 234; versus marketcontrol over elites, 65–75,226; elite hostility to, 68–69;balloting compared with votingwith money, 71–75; and centralplanning, 182, 226; industrialdemocracy, 185; and competitionof ideas, 212, 222, 223; andpropaganda, 214; politics ashuckstering, 219; and circularity,221–25; exists only in marketsystems, 226; entrepreneurialsupport of minimal, 233–35;lacking for international organizations,241–42; appropriateconstituents, 242–44; within theenterprise, 242–44; privilegedpolitical position of marketelites, 246–50. See also Democracy,entrepreneurial obstaclesto; Democracy-market-systemconnectionDemocracy, entrepreneurial obstaclesto: corporate prerogatives,213; thwarts use of command,214; in history, 234–35, 236; inequality,236; enterprises asoversized citizens, 237–40;“public funds,” 238; corporationas fictitious person, 238–40;multinationals, 240, 248Democracy-market-system connection:in history, 226; nodemocratic states attempt todispense with market system,226–27; historical accident?227; dubious explanations, 227–28; not on Hayek’s “road to serfdom,”228; conformity of opinionon, 230–32; assault onmind, 232Democratic movement, in tandemwith movement to market system,10Depression and recession, 59–60Domain of market system: misconceptionsof, 85–89; definingconditions, 90–93; collectivepursuits, 93–95; free rider, 95;objections to market-system,97–101; available alternatives,102–6Durkheim, Émile, 127, 195Economists: failures in instruction,2; half blind to marketsystemdefects, 3; on scarcity,46; on spillovers, 150–51; ontransaction termination, 154; onprior determinations, 284; onequity versus efficiency, 284–85Efficiency: of various kinds, 123–

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