My original point stands. Plannists would say the same thing as
market socialists. And look at what Varian and others say about the
ability of corporations now to price-discriminate almost to the
individual consumer in order to extract as much consumer surplus as possible.
At 17:03 29/03/2008, Jim Devine wrote:
Gassler Robert wrote:
> I seem to remember the market socialists saying that as computer
power increases socialism would be able to operate more
efficiently. I also seem to remember the market capitalists saying
that with the internet capitalism would be able to operate more
efficiently... <
huh? it's usually the plannists (advocates of USSR-style central
planning or of improved substitutes) who claim that computing power
facilitates the planning process. (The Chilean experiment was in this
vein.) "Market socialists," on the other hand, tend to take plans
with a spoonful of Hayek and see markets as a _substitute_ for
computers. However, it's likely true that even though the market
socialists would favor most high-tech stuff.
It's also true that the "market capitalists" (as opposed to the "state
capitalists"?) like computers, but what excites them is the computing
power of markets (as in the "efficient market hypothesis").
--
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
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