What is uneconomic under capitalism does not become economic under socialism.

Jurriaan Bendien J.Bendien at wolmail.nl
Sat Dec 14 07:34:04 MST 2002

Mark wrote:

"Similarly, in Xanadu unemployment may be seen as intrinsically inefficient,
but this is a subjective value-judgment. It means that Xanadu's economy is
going to be burdened with artifical make-work schemes producing little or
nothing of any value and probably subtratcing from the net national wealth
in all manner of ways, purely to keep headline unemployment down because
this is another 'social priority'".

I am sorry, but I don't follow this at all. It doesn't have anything to do
with socialist economics as I understand it.


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