Re: Re: Re: Harry Magdoff on market socialism

["Charles Brown" <CharlesB@xxxxxxxxxxxxxxxxxxxxx>]

>>> dhenwood@xxxxxxxxx 07/14/00 03:11PM >>>

I'll concede the Hayek critique is a problem for planning, but when
you talk like this you sound like there's no problem with capitalist
production - no botched plans ("new" Coke?), no waste (2.4% of GDP on
advertising?; landfills chock full of stupid packaging; air and water
full of externalized environmental costs), no spurious innovations of
doubtful social merit (Heinz green ketchup, due in October, born in
focus groups with kids; production techniques that the Labor Notes
people call "management by stress")... The flaws of capitalism are
charming quirks; the flaws of socialist planning, inevitably fatal. I
can understand Hayek arguing this, but shouldn't a market socialist
sound a little different?

___________

CB: Not to mention little side effects of the market like enormous wars, genocide, slavery, mass poverty, colonialism and fascism.