[lbo-talk] how a non-market economy would work - WAS Re: socialist response to hayek

[Voyou]

On Wed, 2009-04-01 at 13:32 -0400, SA wrote:
> As a public service, and to illustrate what a non-market economy might 
> look like (or might have to look like), below I've written a brief 
> summary of how the Cockshott/Cottrell system works. It's a full-length, 
> heavily detailed book and I've done this hastily, so I may have 
> misunderstood or misrepresented some points. (Corrections welcome.)

Thanks for that summary. I have to say, this looks (like Parecon) to be
a very complicated system for simulating a market, while the market is
itself a complicated system for simulating a planned economy (planned by
Walras's auctioneer). This seems like a remarkable waste of effort.

-- 

     "The slightly richer ... eat in semi-darkness, preferring 

      candles to electricity. These candles make me laugh. All the   

      electricity belongs to the bourgeoisie, yet they eat by 

      candle-end. They have an unconscious fear of their own      

      electricity. They are embarrassed, like the sorcerer who has

      called up spirits he is unable to control."

                                                  -- Vladimir Mayakovsky
http://blog.voyou.org/                                   voyou at voyou.org