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[OPE-L] Cockshottʼs efficiency rule.



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Briefly considering the Cockshott’s efficiency rule posted at Owen Institute Forum.

 

As a market socialist I would state that is a better option in terms of administrative costs and a properly consideration of primary data inputs, a Cockshott’s efficiency rule modified in a Langean fashion:

 

Mechanism 2* [The central planner adjusts prices of the core higher order goods according to the producers demand, that ultimately relates with the market clearness of consumers’ commodities] does the fine tuning.

Mechanism 1 [A computerised stock control system keeps track of the rate at which things are being sold and adjusts production] is superfluous.

 

Kindly,

Alejandro Agafonow



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