>
>--- Justin Schwartz <jkschw at hotmail.com> wrote:
> > Well, are you talking about with or without markets?
>
>Justin, I am trying to sound you out on this issue.
>What, for example,are your thoughts on the Albert and
>Hannel participatory model combined with markets? How
>would that look?
>
>
You tell me. Personally I think every aspect of A&H's paraecon is a total nightmare. I see nothing attractive about any aspect of it. It maginifies every Hayekian problem infinitely. If I had to pick a centrally planned system, I'd go with Mandel's cleaned up Soviet version (plus political democracy, which Mandel at least in theory endorsed). It would be worse than market socialism, probably worse than advanced capitalism, but it would at least be likely to put bread on the table. Mandel thought that it would involve large market sectors for generations--I think he said about 60% of the economy.
jks
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