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

Voyou voyou1 at gmail.com
Wed Apr 1 10:59:05 PDT 2009


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



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