Re: Re: "The Rise and Future Demise of World-Systems A

["Charles Brown" <CharlesB@xxxxxxxxxxxxxxxxxxxxx>]

>>> JKSCHW@xxxxxxx 07/15/00 11:40AM >>>
Of course they are different. Part of the problem is INCENTIVES to obtain
ACCURATE INFORMATION. And other part of the problem is INCENTIVES to
_produce_ accurate accurate information. Theese are not the same thing, but
we will not have accurate information without these sets of incentiveds.
Maybe you are confusing incentives TO WORK HARD with incentives TO GET
ACCURATE INFORMATION. Sometimes in these contexts people tend to assume that
the only economically relevant incentives are to work hard. They forget the
other thind is no less important. That was Hayek's great insight. --jjks

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CB: The socialist project assumes that it is possible to develop in most people a sense of genuine concern and dedication to the public interest and general welfare , that the typical member of society can come to see their individual interests best served in a general situation where everybody's interests are served.

With this socialist personality widespread , there would be plenty of people with incentives to work and incentives to get accurate information.