********************  POSTING RULES & NOTES  ********************
#1 YOU MUST clip all extraneous text when replying to a message.
#2 This mail-list, like most, is publicly & permanently archived.
#3 Subscribe and post under an alias if #2 is a concern.
*****************************************************************

Well yes, in fact, the consolidation of all banks into one means you can
rip out much of the coding. Same for every other sector of the economy
which would be rationalized: the amount of data and calculations of same
required is drastically reduced when you don't have millions of individual
firms recalculating every day their prices, their stocks (both financial
and real), etc.

Greece's solidarity4all network is showing in practice how only the most
rudimentary calculations are needed to keep track of the flow of thousands
of volunteer hours and millions of euros worth of donated goods. A good set
of input-output tables run through computers not much more powerful than
the one each of us is typing on would handle most of the computing chores
required for Greek society as a whole. And even the work needed to do
calculations of foreign trade would be dramatically reduced once the state
has a monopoly on control of such trade. (Plus think of the concentration
of import/export and shipping firms globally in recent decades.)

On Tue, Jul 14, 2015 at 1:58 PM, Louis Proyect <[email protected]> wrote:

> On 7/14/15 1:51 PM, Andrew Pollack wrote:
>
>> . I've spent 15 years working with computer systems at a hospital, in
>> which a couple dozen systems, some compatible with each other, some not,
>> capture all of the patient's demographic, financial and clinical
>> information. 50% of that data would be unnecessary in a single-payer
>> system, 95% of it in a socialized healthcare sector. The point being
>> that the availability of complex computer systems means they fill a void
>> that probably didn't need to be created in the first place.
>>
>
> Got it. Greece has to combine all its banks into a single bank to start
> off. That will make the job of writing 60 billion lines of code a lot
> easier, especially given Greece's enormous pool of IT specialists. (Wake me
> when this Trotskyist fantasy nightmare is over.)
>
_________________________________________________________
Full posting guidelines at: http://www.marxmail.org/sub.htm
Set your options at: 
http://lists.csbs.utah.edu/options/marxism/archive%40mail-archive.com

Reply via email to