2011/02/21

Thank You, Boeing

Paul Krugman says "Thank You, Boeing" for proving the superiority of central planning in certain situations.

In Boeing’s case, they outsourced far too much, only to find that they were getting parts that didn’t do what they were supposed to — and also to find that the subcontractors were seizing a lot of the rents. They discovered, in effect, that there are times when it’s better to rely on central planning than to leave things up to the market.

Emphasis Mine

The efficient organisation of work requires a command and control model.

What work needs to be done requires a democracy. Capitalism tries to implement this through the market in which every dollar is equal. Communism would try to implement this through the vote in which every worker is equal.

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