Centralization

John Mage jmage at panix.com
Thu Jul 4 06:33:49 PDT 2002


Doug wrote:
>
> Bradford DeLong wrote:
>
>
>>They *are* experimenting with the process. How do you think
>>something like AT&T or Toyota manages its own internal division of
>>labor? I think the right point is not a Hayekian "planning is
>>impossible" point, but instead a question of accountability: what
>>(or whose) ends is the organization serving?
>
>
> Well, that's a political question about economic organization of the
> sort that price system mystics don't like to talk about.
>
> Doug

Couldn't agree with Brad more, and with Doug. This was Ernest Mandel's favorite point; repeated each of the few times I heard him and in almost every article and book of his I read.

john mage



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