Re: [OPE-L] Non equilibrium & Austrians

[Jerry Levy <Gerald_A_Levy@xxxxxxx>]

> C&C`s statistical equilibrium is too a never ended phenomenon. That’s

> because in any form of economic organization what constitute the primary

> data are on women and men’ minds.

 

Hi Alejandro:

 

I don't think that's necessarily the case:  knowledge of economic data

certainly wasn't on peoples' minds in all pre-capitalist modes of production

(the reality of economic calculation had to be historically brought into being,

it was not simply a given).  While it's true that in capitalist society, the

primary data are on _some_ people's mind,  most people are only dimly

and incompletely aware of that data and its meaning. 

 

How are workers in a socialist society made aware of the primary data?

Isn't there the possibility of information overload?  Alternatively, if data

is selectively disseminated, isn't there the possibility of a technocratic

elite emerging?

 

In solidarity, Jerry