[ExI] Belief in Market Efficiency

[Fred C. Moulton]

On Mon, 2009-02-02 at 15:13 +0100, painlord2k at libero.it wrote:
> 
> Do you don't like the label "communist" or "socialist"?
> Mises used another label for what you support and is "statism".

I know that Mises used the term but is it really useful in this context?

> Statists will come in many fashions like communists, socialists, 
> social-democrats, fascists, islamists, and so on.

The reason I ask is that a term which lumps so many disparate
classifications together may not provide the distinctions we want.
Although it may be a good rhetorical label to pound someone with...
however I thought we were going to ease up on the pounding on people.

>  What don't change is 
> that they can not compute the value of the goods, services and life of 
> people.
The "economic calculation problem" is worth considering.

> They destroy the social cooperation and the fabric of the society.

I think the word destroy is a bit strong.  I think we all can agree that
there is a big difference between a generally social-democratic country
and an authoritarian or totalitarian country.  You might argue that some
aspects are weakened or that some feed back loops are distorted but I
think "destroy" is perhaps a bit overboard.

Fred

> 
> The politics you advocate are statism. Pure, simple statism.
> You are free to put any label you like on it. The wine will be the same, 
> whatever the bottle or the label is.
> 
> Mirco
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