From: Brian D Williams (talon57@well.com)
Date: Thu Aug 23 2001 - 12:51:44 MDT
From: "Lee Corbin" <lcorbin@tsoft.com>
>>Brian Williams writes
>> Communism and socialism do not fail because of a correctable
>> technical problem, but because of an incorrectable humanistic
>> one.
>Yes, but that turns out not to be the *only* reason that they
>fail. To emphasize (and sorry if you are already aware of this),
>but for over thirty years I thought that the above was the *only*
>reason that communism and socialism fail, namely that those
>systems simply don't take the statistical nature of human beings
>into account. (Systems based on human self-interest work vastly
>better.)
Besides mere statistical behavior, people like doctors are not
willing to work for the same wages as sales clerks, etc. That and
everybody in such systems does as little as possible.
>The *other*, equally important, completely independent reason is
>that economies are too complex to be centrally administrated.
>When quadrillions of decisions must be made, nearly optimal
>decisions have to be made locally, in accordance with local
>conditions.
You must have missed my other post, I pointed out that we know
economics to be in the realm of non-linear dynamics and therefore
subject to "butterfly effects" of individual consumers.
Brian
Member:
Extropy Institute, www.extropy.org
National Rifle Association, www.nra.org, 1.800.672.3888
SBC/Ameritech Data Center Chicago, IL, Local 134 I.B.E.W
Disclosure notice: currently "plonked"
"Joe Dees" <joedees@addall.com>
"Party of Citizens"<citizens@vcn.bc.ca>
This archive was generated by hypermail 2.1.5 : Sat Nov 02 2002 - 08:10:01 MST