Markets for goods and services are compatible with socialism
*planted: 18/03/2022last tended: 02/06/2022
The first sort [markets for goods and services] was compatible with feudalism, and it can be compatible with socialism: with solid regulation, price discovery through market clearance is a useful tool in signaling demand and avoiding the shortages in goods and services that may result from clumsy, or capricious, central planning.
1. Because
- price discovery through market clearance is a useful tool in signaling demand
- price discovery through market clearance can avoid shortages in goods and services that may otherwise result from clusmy, or capricious, central planning
2. If
- you have solid regulation
3. But
- This is specifically for markets for goods and services. The other type of markets are not nearly so capable in the resource-allotment division.
4. Counterclaim
5. Epistemic status
- Type
- claim
- Agreement level
- Ask again later
The article seems good. I don't know enough about markets to make this claim solidly though.
6. Elsewhere
6.1. In my garden
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