"Punishment"? Re: Centralization

[Justin Schwartz]

.
>There would have to be disincentives for making hideous shoes that no one 
>would buy, but how would you "punish" workers and managers when there is 
>_no_ punishing unemployment?

They wouldn't make profit, so they'd have less money. At the worst, theit 
firm would go bankrupt, and they'd have to find another job.


There wouldn't be
>unemployment under market socialism of your conception either, right?

Right, except for frictional (when people change jobs).
>
>Under capitalism, the main disincentive is unemployment.  What are 
>socialist disincentives?.

Depends on the kind of socialism. Under some people's conception of planned 
socialism, there are no disincentives, because that's negative, and negative 
is bad. Maybe social disapproval. Nasty e-mails saying, your shoes suck.

jks

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