Jim Devine wrote:

In light of the manifest failure of planning a large economy (the
USSR) and the way in which "market socialism" tends to turn into
capitalism, I like Charlie Andrews' alternative of decentralized
not-for-profit institutions embedded in a larger democratic society. I
also like the way it's part of his scheme to reward workers with free
education and how the system has a tendency to gradually move toward a
non-market communism. See http://www.laborrepublic.org/.

FWIW, it looks like we both agree that central planning is a dead end and that social democracy is the way to go. "From each according to ability, to each according to deeds", I also concur with. But because we cannot sidestep natural elasticities between costed inputs and demand for output, and deeds become valued through the demand for one's output, I hold that a for-profit economy is by far the most effective way to deal with this situation; as long as it leads to an after the fact (of supply) remuneration in the form of profit sharing. This necessitates cost+ pricing, rather than a command system, at least for a substantial portion of an economy. A "tendency to gradually move toward a non-market communism" would be absent. But why would that matter in an environment where social needs are adequately taken care of?

John V
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