Reply to post: A reasonable compromise for socialists...

Govt control? Hah! It's IMPOSSIBLE to have a successful command economy

scrubber
Pint

A reasonable compromise for socialists...

Would be for them to suggest central planning for the necessities: housing, food, medicine, clean water, heat/power.

I wouldn't want that, but the resources required to provide these things, and information required to attempt to provide them centrally, would be orders of magnitude less than trying to work out an average utility function for the country.

Or, worse yet, deciding what the 'correct' utility function is so that we have Opera Houses on every second street and no pubs.

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