[lbo-talk] IT innovation and "the Markets"

John Thornton jthorn65 at sbcglobal.net
Wed Mar 4 10:35:45 PST 2009


Miles Jackson wrote:
> Chris Doss wrote:
>> Central planning is very good at big, well-defined projects. It's not
>> very good at distributing the end product.
>
> Unless that end product is public libraries, public roads, national
> parks, the internet, basic scientific research, police service, fire
> service, health care, pension funds, public utilities, etc, etc, etc.
>
> Miles

While I agree with your list do you imagine central planning would be as effective at filling demand for microwaves, TeeVee, pants, shoes and similar goods?

John Thornton



More information about the lbo-talk mailing list