Re: [Pen-l] market socialism [was: cybernetic flash from Chile's past]

["Jim Devine" <jdevine03@xxxxxxxxx>]

oh, I get it.

On Wed, Apr 2, 2008 at 4:17 AM, Robert Scott Gassler <rsgassle@xxxxxxxxx> wrote:
>
>  My original point stands. Plannists would say the same thing as market
> socialists. And look at what Varian and others say about the ability of
> corporations now to price-discriminate almost to the individual consumer in
> order to extract as much consumer surplus as possible.
>
>
>
>  At 17:03 29/03/2008, Jim Devine wrote:
>
>
>
>  Gassler Robert wrote:
>  > I seem to remember the market socialists saying that as computer power
> increases socialism would be able to operate more efficiently. I also seem
> to remember the market capitalists saying that with the internet capitalism
> would be able to operate more efficiently... <
>
>  huh? it's usually the plannists (advocates of USSR-style central
>  planning or of improved substitutes) who claim that computing power
>  facilitates the planning process. (The Chilean experiment was in this
>  vein.)  "Market socialists," on the other hand, tend to take plans
>  with a spoonful of Hayek and see markets as a _substitute_ for
>  computers.  However, it's likely true that even though the market
>  socialists would favor most high-tech stuff.
>
>  It's also true that the "market capitalists" (as opposed to the "state
>  capitalists"?) like computers, but what excites them is the computing
>  power of markets (as in the "efficient market hypothesis").
>
>
>  --
>  Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
>  way and let people talk.) -- Karl, paraphrasing Dante.
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-- 
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
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