I accidentally erased Justin's post. It has not appeared on the archives. Lou should not have ridiculed Justin's post.
We have been over and over the question of whether market socialism gives more variety of consumer goods. Quality of consumer goods is a minor reason to want socialism. Capitalism probably produces more variety than capitalism. If you want variety, why bother with socialism? Of course, some of this variety is meaningless. We have also discussed how markets (say, tv or radio) limit variety. The Soviet Union is not a fair test of planning. We have been over that before. The threat from the Cold War was a lot more serious than the terrorist threat to the US. Look how the post 9-11 policies have screwed up the economy. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail [EMAIL PROTECTED]
