From: Paul Cockshott (wpc@DCS.GLA.AC.UK)
Date: Tue Apr 24 2007 - 07:51:33 EDT
Alejandro Agafonow wrote: > Briefly considering the Cockshott’s efficiency rule posted at Owen > Institute Forum. > > > > As a market socialist I would state that is a better option in terms > of administrative costs and a properly consideration of primary data > inputs, a Cockshott’s efficiency rule modified in a Langean fashion: > > > > Mechanism 2* [The central planner adjusts prices of the core higher > order goods according to the producers demand, that ultimately relates > with the market clearness of consumers’ commodities] does the fine tuning. > > Mechanism 1 [A computerised stock control system keeps track of the > rate at which things are being sold and adjusts production] is > superfluous. > I think this is based on an idealisation of the information flows in a real capitalist economy. I would suggest that in contemporary capitalism most flow adjustments are actually induced by computerised stock control systems run by the super markets. If you got rid of these tried to create markets to replace them you would have both chaos and a big loss in efficiency. I think that rather than read what austrian and neoclassical economists say about information flows regulated by prices, one should look at how big supermarket chains like Wallmart and Tesco actually operate. > > > Kindly, > > Alejandro Agafonow > > ------------------------------------------------------------------------ > > LLama Gratis a cualquier PC del Mundo. > Llamadas a fijos y móviles desde 1 céntimo por minuto. > http://es.voice.yahoo.com > <http://us.rd.yahoo.com/mail/es/tagline/messenger/*http://es.voice.yahoo.com/> -- Paul Cockshott Dept Computing Science University of Glasgow 0141 330 3125
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