*note, I am Distruzio. Sorry, this is my anarchist nation/neo-confederate nation*
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by The Southron Nation » Thu Apr 14, 2011 12:59 am
by Sibirsky » Thu Apr 14, 2011 6:26 am
Staenwald wrote:Sibirsky wrote:We have oil subsidies and gas taxes.
That's $8.67/gallon. Ouch. And we're bitching about $4/gallon gas. That's expensive for us. 2 years ago it was under $2.50. I remember getting gas for $0.87 once. Back in 1999.
just out of interest, how much is car tax for my age there. 17 year old male. It can cost people our age up to £2500 here

by Narikania » Thu Apr 14, 2011 6:49 am

by Grave_n_idle » Thu Apr 14, 2011 7:57 am
Hydesland wrote: I wasn't saying one individual firm or family is better at planning than any individual government, but that millions of firms and millions of households are more efficient and making the millions of economic decisions required every minute to retain our standards of living, than one central hub of technocrats...

by Grave_n_idle » Thu Apr 14, 2011 7:57 am

by Grave_n_idle » Thu Apr 14, 2011 7:58 am
Staenwald wrote:Sibirsky wrote:That's great and all. The question was, how does the central planning authority decide which resources, and how much of them, to allocate to whom?
The answer is, without prices it's not going to be efficient.
The USSR was an example of central planning failure. While there was enough food produced for everyone, not everyone got the food they wanted. Even though transportation was in place to deliver that food.
Im pretty sure that a lot of people didn't get any food at all...like in Ukraine and many other places.

by Grave_n_idle » Thu Apr 14, 2011 7:59 am
The Merchant Republics wrote:Grave_n_idle wrote:
While that might have been true for large interconnected groups, in the past - it's never been true for small groups, and it's no longer true for large groups. Technology has finally reached a level where efficient resource distribution is entirely possible.
Not true, market distribution is just as much more efficient than central planning in small groups as well as it is in large, it's simply less necessary as the weaknesses of central planning are less obvious. Consider the end of a childhood Halloween trick or treating, you and your friends would or at least in my case we did, set about all of our candy at the end of the night, and trade it with each other. Despite being only about five participants it's clear that this is a much more efficient and fair system then if we simply gave them all to one central authority (let's call it MOM) and she provided us with exactly with exactly equal shares of all the candy subject to the pull of our whinging for more Butterfingers than Jimmy because we love Butterfingers.

by Bluth Corporation » Thu Apr 14, 2011 8:02 am
Grave_n_idle wrote:Hydesland wrote: I wasn't saying one individual firm or family is better at planning than any individual government, but that millions of firms and millions of households are more efficient and making the millions of economic decisions required every minute to retain our standards of living, than one central hub of technocrats...
And I showed why that's not true. Americans waste a ridiculous amount of produce. Not just 'an American', but Americans collectively. Similarly, the American food commerce industry similarly wastes a prodigious amount. Not just one food company, one restaurant - but collectively.

by Grave_n_idle » Thu Apr 14, 2011 8:03 am
Bluth Corporation wrote:Grave_n_idle wrote:
And I showed why that's not true. Americans waste a ridiculous amount of produce. Not just 'an American', but Americans collectively. Similarly, the American food commerce industry similarly wastes a prodigious amount. Not just one food company, one restaurant - but collectively.
That there is a great deal of waste in the current system does not necessarily mean that there will be less waste in a centrally-planned system.

by Bluth Corporation » Thu Apr 14, 2011 8:03 am
Grave_n_idle wrote:The Merchant Republics wrote:
Not true, market distribution is just as much more efficient than central planning in small groups as well as it is in large, it's simply less necessary as the weaknesses of central planning are less obvious. Consider the end of a childhood Halloween trick or treating, you and your friends would or at least in my case we did, set about all of our candy at the end of the night, and trade it with each other. Despite being only about five participants it's clear that this is a much more efficient and fair system then if we simply gave them all to one central authority (let's call it MOM) and she provided us with exactly with exactly equal shares of all the candy subject to the pull of our whinging for more Butterfingers than Jimmy because we love Butterfingers.
Not sure what point you're trying to make, but the central authority is actually more efficient in your example...

by Bluth Corporation » Thu Apr 14, 2011 8:04 am

by Grave_n_idle » Thu Apr 14, 2011 8:05 am
Bluth Corporation wrote:Grave_n_idle wrote:
Not sure what point you're trying to make, but the central authority is actually more efficient in your example...
Why? When Mom sorts it all out, she probably doesn't know what each person prefers and to what extent as well as the individuals actually involved know what they themselves prefer and are willing to give up for it.

by Grave_n_idle » Thu Apr 14, 2011 8:07 am
Bluth Corporation wrote:Grave_n_idle wrote:
No, but it does put paid to the idea that the current model is inherently and intrinsically efficient.
I don't think anyone's claiming it meets some arbitrary absolute binary standard of "efficiency," but rather that it is comparatively more efficient than other alternatives.

by Bluth Corporation » Thu Apr 14, 2011 8:09 am
Grave_n_idle wrote:Bluth Corporation wrote:
Why? When Mom sorts it all out, she probably doesn't know what each person prefers and to what extent as well as the individuals actually involved know what they themselves prefer and are willing to give up for it.
No, but it would be quicker, involve less jockeying and false-starts and guarantee fairness. Also, the individual kids could then decide among themselves how much they were still willing to exchange their candy, but it the initial distribution would have been noticeably more 'efficient'.

by Grave_n_idle » Thu Apr 14, 2011 8:10 am
Bluth Corporation wrote:Grave_n_idle wrote:
No, but it would be quicker, involve less jockeying and false-starts and guarantee fairness. Also, the individual kids could then decide among themselves how much they were still willing to exchange their candy, but it the initial distribution would have been noticeably more 'efficient'.
That sounds like introducing an extra step to ultimately arrive at the same result.

by Bluth Corporation » Thu Apr 14, 2011 8:13 am

by Vetalia » Thu Apr 14, 2011 8:42 am
Grave_n_idle wrote:And I showed why that's not true. Americans waste a ridiculous amount of produce. Not just 'an American', but Americans collectively. Similarly, the American food commerce industry similarly wastes a prodigious amount. Not just one food company, one restaurant - but collectively.
This 'capitalist' economy is more efficient than pure chaos, perhaps - but it is not an efficient system.

by Hydesland » Thu Apr 14, 2011 8:50 am
Grave_n_idle wrote:Americans waste a ridiculous amount of produce. Not just 'an American', but Americans collectively. Similarly, the American food commerce industry similarly wastes a prodigious amount. Not just one food company, one restaurant - but collectively.

by The Merchant Republics » Thu Apr 14, 2011 11:36 am
Grave_n_idle wrote:The Merchant Republics wrote:
Not true, market distribution is just as much more efficient than central planning in small groups as well as it is in large, it's simply less necessary as the weaknesses of central planning are less obvious. Consider the end of a childhood Halloween trick or treating, you and your friends would or at least in my case we did, set about all of our candy at the end of the night, and trade it with each other. Despite being only about five participants it's clear that this is a much more efficient and fair system then if we simply gave them all to one central authority (let's call it MOM) and she provided us with exactly with exactly equal shares of all the candy subject to the pull of our whinging for more Butterfingers than Jimmy because we love Butterfingers.
Not sure what point you're trying to make, but the central authority is actually more efficient in your example...

by Terra Agora » Thu Apr 14, 2011 11:52 am
Sibirsky wrote:Seltwar wrote:Communism: All must suffer in equal measure. Suffer in according to your need.
Capitalism: Rewarded in occurrence to ability, punished for every failure.
IE. All flounder under communism, i mean except the dictators and the leaders they end up filthy rich.
Capitalism works for around 40%. Good track record if you ask me.
I'd say it's far more than 40%. I'd say it's close to 100%. Even the poor in the capitalist west are better off.

by Distruzio » Thu Apr 14, 2011 1:25 pm
Grave_n_idle wrote:The Merchant Republics wrote:
Not true, market distribution is just as much more efficient than central planning in small groups as well as it is in large, it's simply less necessary as the weaknesses of central planning are less obvious. Consider the end of a childhood Halloween trick or treating, you and your friends would or at least in my case we did, set about all of our candy at the end of the night, and trade it with each other. Despite being only about five participants it's clear that this is a much more efficient and fair system then if we simply gave them all to one central authority (let's call it MOM) and she provided us with exactly with exactly equal shares of all the candy subject to the pull of our whinging for more Butterfingers than Jimmy because we love Butterfingers.
Not sure what point you're trying to make, but the central authority is actually more efficient in your example...
by Sibirsky » Thu Apr 14, 2011 1:28 pm

by Basarab-Musat » Thu Apr 14, 2011 1:35 pm

by Lerro » Thu Apr 14, 2011 1:40 pm
Grave_n_idle wrote:Bluth Corporation wrote:
That sounds like introducing an extra step to ultimately arrive at the same result.
Not at all. The extra step is entirely voluntary, and only if everyone agrees.
In this Halloween candy example, central distribution is far more efficient than all the fannying around... which was the point I suspect it was supposed to argue against.

by Distruzio » Thu Apr 14, 2011 1:42 pm
Sibirsky wrote:Distruzio, this is a bit overdue, but welcome to NSG. We appreciate your input. Keep up the good work.

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