Talk:Economic Calculation Problem: Difference between revisions
No edit summary |
|||
| Line 1: | Line 1: | ||
==Comments== | ==Comments== | ||
===Introduction=== | ===Introduction=== | ||
====miscalculation==== | |||
'''''capitalist pricing is very flawed and often miscalculates''''': I don't think it so much "miscalculates" as produces a calculation of obscure significance. i.e. when a buyer and seller operate in a public market their agreement of a transaction is a precise measure giving a piece of historic data. Not only that, but in a public market the final sale in an auction is also instantly communicated to others in that market. However there are a range of other factors going on which can effect matters and many transactions do not happen in this way. My concern here is not that the capitalist pricing miscalculates but that what it actually calculates is unclear and often creates an idealised proxy for what it is pretended to calculate. This means that manipulation of information related to the shadow world between the proxy and the titular object being calculated creates fertile room for speculation. One of the functions of the capitalist pricing mechanism is precisely to maintain this shadow world. [[User:Leutha|Leutha]] ([[User talk:Leutha|talk]]) 12:18, 11 January 2016 (UTC) | |||
====early moments of economic modernization==== | ====early moments of economic modernization==== | ||
'''''central planning only worked well (and at a costly human price), in the early moments of economic modernization and stalls in the informational stage''''': Not sure what this means. Does it mean British colonial planning in the 19th century? i.e planning geared to delivering cheap commodities important for the global development of the imperial economy with marginal consideration for the colony? What is more relevant in terms of the literature cited is the development of planning in the context of the First World War. Check Weber's critique of Neurath in this respect:''[https://en.wikipedia.org/wiki/Economy_and_Society Economy and Society]'' (1922) | '''''central planning only worked well (and at a costly human price), in the early moments of economic modernization and stalls in the informational stage''''': Not sure what this means. Does it mean British colonial planning in the 19th century? i.e planning geared to delivering cheap commodities important for the global development of the imperial economy with marginal consideration for the colony? What is more relevant in terms of the literature cited is the development of planning in the context of the First World War. Check Weber's critique of Neurath in this respect:''[https://en.wikipedia.org/wiki/Economy_and_Society Economy and Society]'' (1922) | ||
Revision as of 12:29, 11 January 2016
Comments
Introduction
miscalculation
capitalist pricing is very flawed and often miscalculates: I don't think it so much "miscalculates" as produces a calculation of obscure significance. i.e. when a buyer and seller operate in a public market their agreement of a transaction is a precise measure giving a piece of historic data. Not only that, but in a public market the final sale in an auction is also instantly communicated to others in that market. However there are a range of other factors going on which can effect matters and many transactions do not happen in this way. My concern here is not that the capitalist pricing miscalculates but that what it actually calculates is unclear and often creates an idealised proxy for what it is pretended to calculate. This means that manipulation of information related to the shadow world between the proxy and the titular object being calculated creates fertile room for speculation. One of the functions of the capitalist pricing mechanism is precisely to maintain this shadow world. Leutha (talk) 12:18, 11 January 2016 (UTC)
early moments of economic modernization
central planning only worked well (and at a costly human price), in the early moments of economic modernization and stalls in the informational stage: Not sure what this means. Does it mean British colonial planning in the 19th century? i.e planning geared to delivering cheap commodities important for the global development of the imperial economy with marginal consideration for the colony? What is more relevant in terms of the literature cited is the development of planning in the context of the First World War. Check Weber's critique of Neurath in this respect:Economy and Society (1922)