Chaos Theory and Leftist Economics

[Juan Jose Barrios]

of course you may be thinking of  SMEs (Small and Medium Size Enterprises),
not the large corporations and not the agricultural sector...most of
agriculture in the US is less efficient than Latin American agriculture...so
it is the other way around...they would go under if the didn't get subsidies
(direct and indirect) from the U.S. govt!!!!.-jj

Doug Henwood wrote:


> Michael Perelman wrote:
>
> >They argue against planning, despite its existence.
> >
> >On Fri, Nov 02, 2001 at 02:08:41PM -0800, Ian Murray wrote:
> >>
> >>  From: "Michael Perelman" <michael at ecst.csuchico.edu>
> >>
> >>
> >>
> >>  > The Hayek crowd has pushed hardest in this direction, arguing that
> >>  the
> >>  > spontaneous order of markets is the appropriate response to chaos,
> >>  since
> >>  > planning is virtually impossible in the face of chaos.
> >>  >  --
> >>  =========
> >>  Do the folks at Exxon-Mobil, Microsoft, Lufthansa Airlines, the
> >>  Marines and the FBI know that?
> >  >
>
> To be fair to the right, which I suppose one should be, they make a
> distinction between internal corporate planning and economy-wide
> planning. Corporations that make bad plans lose money and can go
> under, while those that made good plans will thrive; economies that
> make bad plans have to live with the consequences. Not that I
> subscribe to this, but it is what they'd say.
>
> Doug