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IRman
Coal
Joined: Apr 05, 2007
Posts: 1
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 Posted: Thu Apr 05, 2007 5:09 pm Post subject: Pros and Cons of labor managed economy? |
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| Looking for the pros and cons of a labor managed economy especially when compared with that of Yugoslavia. Thank you so much! |
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threadbear
Expert
Joined: Jan 22, 2005
Posts: 7475
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| Posted: Thu Apr 05, 2007 10:31 pm Post subject: Re: Pros and Cons of labor managed economy? |
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| IRman wrote: | | Looking for the pros and cons of a labor managed economy especially when compared with that of Yugoslavia. Thank you so much! |
Care to elaborate? People might not understand your question. |
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Zentric
Intermediate Crude
Joined: Mar 14, 2005
Posts: 730
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| Posted: Thu Apr 05, 2007 11:37 pm Post subject: Re: Pros and Cons of labor managed economy? |
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| threadbear wrote: | | IRman wrote: | | Looking for the pros and cons of a labor managed economy especially when compared with that of Yugoslavia. Thank you so much! |
Care to elaborate? People might not understand your question. |
I think I understand the question. It's "I'm a student who's been assigned to compare a managed labor (e.g., old Soviet) economy versus the local (modern) Yugoslavian economic model... can you guys please help me write it?"
IRMan - I don't know anything about Yugoslavia, but your assignment does sound interesting. What's is the Yugoslavian economic model presently like? |
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americandream
Light Sweet Crude
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Joined: Oct 18, 2004
Posts: 1911
Location: kiwibush
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| Posted: Fri Apr 06, 2007 5:38 am Post subject: Re: Pros and Cons of labor managed economy? |
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| IRman wrote: | | Looking for the pros and cons of a labor managed economy especially when compared with that of Yugoslavia. Thank you so much! |
Two points:
1..No stock holders, publicly owned, profit driven competition absent, non-cornucopian consequently, not as excitingly garish as the free market equivalent but, then again, less demanding of resourcing and consequently, less likely to be as prolific in the widget dispensing arena;
2...less innovative, less efficiency driven..but in the final analysis, when there's only one kind of supermarket in a city, the need for efficient use of resourcing is perhaps less critical in contrast to say, 15 competing and excessively resourced private alternatives.
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TommyJefferson
Light Sweet Crude
Joined: Aug 19, 2004
Posts: 1719
Location: Republic of Texas
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| Posted: Fri Apr 06, 2007 10:44 am Post subject: Re: Pros and Cons of labor managed economy? |
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Here's my argument against:
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TommyJefferson
Light Sweet Crude
Joined: Aug 19, 2004
Posts: 1719
Location: Republic of Texas
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| Posted: Sat Apr 07, 2007 12:19 pm Post subject: Re: Pros and Cons of labor managed economy? |
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| americandream wrote: | | the need for efficient use of resourcing is perhaps less critical |
Hahaha!
Yes, cutting peoples' heads off with saws certainly does decrease their interest in market efficiencies.
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Plantagenet
Expert
Joined: Apr 09, 2007
Posts: 5848
Location: Alaska (its much bigger than Texas).
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| Posted: Thu May 03, 2007 4:38 pm Post subject: Re: Pros and Cons of labor managed economy? |
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| americandream wrote: | | excessively resourced private alternatives. |
I visited the USSR and Communist China back when they had pure socialist economies and they had outlawed all "excessively resourced private alternatives."
The government stores were empty and no one could find any food to buy, and the clothes looked like they were all made by idiots for cretins, and the glorious socialist housing, factories, mass transit, parks etc. were all hopelessly decrepit, but at least they didn't have to worry about wasting a kopek or a yuan in any garish and well-stocked "excessively resourced private alternatives."
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"People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." -- George Orwell |
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truecougarblue
Heavy Crude
Joined: Dec 21, 2005
Posts: 471
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| Posted: Fri May 04, 2007 1:35 pm Post subject: Re: Pros and Cons of labor managed economy? |
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Capatilism is imperfect, and especially harsh to the unmotivated portion of the population. There is no better system.
Marxism will purge motivation out of all people until the system fails to produce even the bare minimum for survival. |
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