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Re: Re: Re: Re: Harry Magdoff on market socialism



If basic needs are supplied in a fair manner, I don't really care if the market
exists or not. But, how does Hayek's great insight explain why health care can be
planned and other goods can not. Why is there an incentive to get good
information in this case and not in others? Surely the proposition was general.

Rod

JKSCHW@xxxxxxx wrote:

> Absolutely. In this debate, I have coined the slogan, Plan What You Can,
> Market What You Must. Experience shows that planned health care is superior
> on efficiency as well as ethical grounds to marketized health care. Health
> can be planned, and should be. There is no rational excuse for any sort of
> health care system that is not socialized. It does not follow that everything
> can be planned. --jks
>

--
Rod Hay
rodhay@xxxxxxxxxx
The History of Economic Thought Archive
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