so why care who gets what who wins who loses who lives who dies when where and how
the level where we owe everything to ourselves is that level eh ??
justice requires some refinements some detailing
greece even with a colander market couldn't simply co ordinate a product price deflation
because lots of its debt is not "owed to the greek nation itself
or denominated in a greek controled currency
the price level must move up on non tradeable and import products and down on export products
sounds like a gosplan II assignment to me
an intricacy of taxes and subsidies
ala greenwald stgilitz
at least they could be linear eh ???
unlike the tuning up of social welfare possible to a generally empowered hierarchy
the implications of our responsibilitry is daunting
no wonder patent fools bought
the libertarian delusions
they get to abdicate in the name of doc pangloss
all collective responsibility for individual outcomes
but their conjecture
ie
the optimality of open unfettered market systems
is a pipe dream
in itself that's no harm no foul
but it clouds a nasty reality
ie free range limited liablity and now socially insured asocial transgressive private gain driven corporations
----------------
perhaps a complex set of interlocking mark up markets could do this eh?
colander markets
for imports and exports
and non tradeables
all given different caps
why not ??
it departicularizes the administrative aspect
removes the visible hand that can swipe smite and spike
in defiance of socially prefered moves
that the mark up market scotches
by rendering all firms cloutless
and abstractly equal in the pricing game
