Re: Re: Re: RE: Query on slavery

["Ken Hanly" <khanly@xxxxxxxxxxxxxxx>]

I didn't realize that neo-classicals assume that what exists is efficient.
Do you have a reference?
If what exists is efficient then no existing system could be ineffecient.
Therefore neo-classicals could not complain about the ineffeciency of the
former Soviet System or any other existing system.

Cheers, Ken Hanly


> The basic ideological issue behind this efficiency is the neoclassical
> assumption that what exists is efficient. Slavery existed and, so, it must
have
> been efficient (so say the neoclassicals). The concern of neoclassicals
is, if
> slavery existed and was not efficient, when then what does this say about
> production within capitalism--it is not necessarily efficient?
>
>
> Eric
>
>