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

Fernando Cassia fcassia at gmail.com
Wed Feb 25 07:42:43 PST 2009


On Wed, Feb 25, 2009 at 1:18 PM, SA <s11131978 at gmail.com> wrote:
> 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.

So my question wasn't so STUPID after all huh? (this goes to whoemver said "what part of socialist don't you understand" ;-P

FC



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