📕 subnode [[@neil/markets for goods and services are compatible with socialism]]
in 📚 node [[markets-for-goods-and-services-are-compatible-with-socialism]]
Markets for goods and services are compatible with socialism
A : [[claim]]
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]].
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
If
- you have solid regulation
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.
Counterclaim
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.
📖 stoas
⥱ context
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