Re: [Pen-l] Paul Davidson sums up

[raghu <mraghu01@xxxxxxxxx>]

On Sun, Mar 8, 2009 at 8:57 PM, John Vertegaal <vertegaa@xxxxxxxxx> wrote:
> Like union representatives holding veto power, on boards of directors of
> those "corporations that run the economic world"? If so I'd fully agree, but
> I would call that social democracy in action, rather than applied Marxism.
> I'm by no means convinced that a command economy, whether planned centrally
> or not, is more efficient than what we presently have in OECD countries;
> given of course the fair wage and financial control policies of a social
> democracy.
>


Interesting discussion. A natural question is why did central planning
fail so disastrously in communist USSR and China, while WalMart and
UPS are doing it so successfully? Is it because of market discipline?
-raghu.


--
"I'm an apathetic sociopath - I'd kill you if I cared."
_______________________________________________
pen-l mailing list
pen-l@xxxxxxxxxxxxxxxxxx
https://lists.csuchico.edu/mailman/listinfo/pen-l