What's a Benefit?

concepts within the market economy don't always make sense outside of it

Several people have asked that I respond to this Matt Bruenig post. I think I can best serve them by pointing them in the direction of this old piece of mine where I laid out a lot of my basic case. But let me say a few things.

I think the key to understanding this difference in perspective lies in the phrase “benefit in kind.” Matt is tapping into a ver…