Monday, January 4, 2016

"Market income does not reflect needs and a just society would recognise this. Many needs cannot be provided by markets (public goods and efficient health care, most obviously). All market decisions are crucially conditioned by the purchasing power – not everyone can work (the sick, the very old, children and so forth) and, for those who can, personal circumstances may impact on their ability to labour. We need to recognise that the needs of the individual do not always correspond to their deeds." - Iain McKay

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