On Sat, Oct 25, 2008 at 8:21 AM, Chris Burford <[EMAIL PROTECTED]> wrote:
> This is an uterly qualitative change in the progress of political
> consciousness in recognising capitalism as a highly complex social system,
> which now needs, if not social ownership, a greatly heightened degree of
> social control.
>


I am not sure that there is anything new about the
economy-as-complex-system observation. In fact Hayekians commonly use
that observation to argue against socialism: the economy is so complex
that no central authority can possibly plan and allocate resources
efficiently. And there is something to that argument. But it is really
only a very narrow argument against excessive micromanagement rather
than against socialism as a whole.
-raghu.

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