Saturday, February 11, 2006

For your consideration

Thesis: The most self-destructive problem with the Soviet economy (and Soviet-style economies) was its tendency to propagate managerial ridiculousness across the system because of its very hierarchical structure, and this was more destructive than the so-called 'lack of incentive' which is often cited.

Corollary: A highly consolidated capitalism will suffer effects similar to those found in the Soviet economy, despite the presence of financial incentive.


Wednesday, February 08, 2006

Holy shit!

Okay, so this is ridiculously awesome.