Max Sawicky sawicky at
Wed Aug 30 10:57:57 PDT 2000

DD: " . . . I don't think that there is an interest payment in this one? The claims I discuss are claims on a stream of performance-related pay from the central organising committee . . . "


" . . . 1) As I've argued with Justin in the past, the "best" allocation of capital isn't necessary -- investment of past success is in fact the way in which most investment in the whole world is financed, so it must be a viable economic model. . . . "

Given the ambitions of the 'socialism' part of market socialism, I would have thought better capital allocation was more rather than less important. But feasibility is important too.


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