02-02-2005, 04:42 AM
Occhidiangela,Feb 2 2005, 03:24 AM Wrote:Communism relies on " the state " to set value, with no necessary regard to the natural forces of supply and demand, and other market factors. A command ecnomy has blind spots and inefficiencies all through it, though some sectors are emphasized, such as public education and "health care" by decree.
I think your comment on comparative worth would be more accurate if you said that it is a reflection of competition.
Occhi
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I'm not sure we have the same definition of "Comparative worth". What it means here is "same pay for similar work" so for instance someone that does a three year nursing degree should (i.e. enforced by law) get the same pay as someone that does a three year compSci degree when they enter the workforce.
I can't see how that isn't a command economy: The Govt. doesn't set the absolute price, but enforces relativity.
I'm starting to think I may need some sleep. I haven't managed to get a point across in my last four or so posts, ah well, it's all good practice. :P