Lindblom - The Market System - Afghan Journalists' Committee

Index 29324; conventional efficiency defined,124; technological, 125;allocative, 125–27; burdenedchoices and costs, 127–32; andmarginal costs, 131; motivational,143–46, 164–65;spillovers, 147–53; transactiontermination, 153–55; ignoranceand irrationality, 160–62. Seealso Inequality; Prices; Prior determinations;VoluntarismElites: defined, 64–65; in politicsand in market systems, 64–75;democratic and market controlsover, 65–75; in history, 68, 223–24; in unilateral communicationwith mass, 212; intent to control,213–14; assault on mind,216–21, 232–35; and circularity,221–25; in history of thought,222; privileged political positionof market elites, 246–50Enterprises and corporations:kinds of, 9, 79–81, 282; as collectives,57–58; compared with nation-states,62; size of, 62, 281;capital accumulation, 63; politicalpower, 63–64; monopoly,65–66; as islands of command,75–79; decentralized, 76–77,282; as alternatives to marketsystem, 78; why large, 78–79,282; bail-outs, 82–83; freedomwithin, 184–86; sales promotion,214–16; and political inequality,236; as oversized persons,237–40; prerogatives, 237,281; with “public” funds, 238,245; as fictitious persons, 238–40; rights, 239; multinationals,240–41, 248; internal democracy,242–44; soulful corporation,244–45; as productive, 250;as obstructions to improvedmarket system, 254Entrepreneurs: required in marketsystems, 56–58; as proximatedecision makers, 61–62, 64; aselites, 64; compared with governmentelites, 64, 66–75; hostilityto employees, 69; motivationalefficiency, 145–46;motivational inefficiency, 164–65. See also Sales promotion;ElitesEthics: of quid pro quo, 117–20; incommunist systems, 204; marketethics, 204–8; universal versusrole ethics, 206–8Family, as alternative to marketsystem, 102–3. See HouseholdFree rider, 95Freedom: and physical planning,179; within the enterprise, 184–86; compulsions in transactions,186–90; and monopoly, 188; incollective versus individualchoice, 190–91; of persons versusorganizations, 191–92; freeenterprise, 191–92. See alsoCompulsions; Consumer freechoice; Occupational freechoice; VoluntarismFreud, Sigmund, 29–30Fromm, Erich, 193, 209Globalism: through market system,2, 13, 41; global errors, 161Habermas, Jürgen: on “distortedcommunication,” 222Happiness, 211, 287“Hidden hand,” 4History of market system, 5–6, 9,10, 35, 47, 279, 280, 283Honesty, 219–20Household: production for use, notsale, 5; planning, 272–73Ignorance and irrationality:Schumpeter on, 73–74; and sales