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09114_Field_TCGG T879.txt
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unless society was somehow subordinated to its
requirements. A market economy can exist only in a
market society. We reached this conclusion on general
grounds in our analysis of the market pattern. We can
now specify the reasons for this assertion. A market
economy must comprise all elements of industry,
including labor, land, and money. (In a market economy
the last also is an essential element of industrial life and
its inclusion in the market mechanism has, as we will see,
far-reaching institutional consequences.) But labor and
land are no other than the human beings themselves of
which every society consists and the natural surroundings
in which it exists. To include them in the market
mechanism means to subordinate the substance of
society itself to the laws of the market.