Remember what happened to USSR after Gorbachev introduced glasnost (free speech) and perestroika (free market).
Using Ludwig Lachmann’s parlance, it can be said that the free market coordinates the triad—the Plan Structure, the Portfolio Structure, and the Control Structure.
Next:
Related:
- On the triad:
- 2-1a0c1i Every polity will be publicly traded eventually just like companies and coinsdevelop
- 3-1a4b 情報文化史 = 経済文化史 (経済と文化はそもそも独立して存在しない)
- 資本主義自体は文化を鑑みないが、前者が後者に影響を与えないということはあり得ない。そのフィードバックは正にも負にも働く。
- 3-1a4b3 Thomas Sowell - ‘Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated.‘
- 5-1b1a1 Improving on already existent technology by removing one of its restraints amounts to innovation
- E.g., physical borders and quotas (both are arbitrary social constructs)contingency
- 5-3c Knowledge is irreversible, and can only go from private to publicrevisit
The West now:develop
- Left is against free speech
- Right is against free market