[lbo-talk] The SMB in a socialist economy?

SA s11131978 at gmail.com
Wed Feb 25 07:18:11 PST 2009


Wojtek Sokolowski wrote:


> In sum, socialization of ownership did not prevent the undesirbale outcomes typically associated with private ownership. Likewise, privatization does not necessarily improve effciency, in fact it often decreases it (cf. US health care system.) What really matters is how the process of production is actually controlled and what to what knd of macro-economic conditions this control is programmed to respond.
>

That was excellent and informative, Woj. Thanks.

SA



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