Thursday, August 23, 2018

Lets review Capital accumulation end zones

Okay earth human population is stabilized

Technical progress continues
But the production system has glided down to
Simple reproduction
With the entire surplus allocated
For social dividends and R and D

Is this a qualitatively clear end point for the present Long run plan horizon ?

It's not general material satiety
But it is the end of accumulation
Ie expanded reproduction

Long range plan stages v infinite horizons

Models with infinite horizons
Create mischief

So
Despite concatenation
AND entanglement

Better we have a stage of undefined duration
A target end zone for the present Long run stage
Of global  social production development

Imagine a  "material "
  universal satiety
 there's where
THE utilitarians started
I guess it's like a bash equilibrium
Where everyone has no interest in increasing their flow of goods and services

Nice ugly burger boy formulation eh ?

Thursday, August 16, 2018

Firm spending out of net earnings can be directed with a Lerner market

Call it spend it right or lose  it

 Net or gross really or any combo pattern
Requires warrants to deviate or lose  the funds
To gos plan central
Off sets are the warrants to protect earnings
A net new investment funded by the firms earnings

Co ordinating macro markets or Lerner markets

We can generalize Lerner's
Mark up warrant cap and trade mechanism

 To its category

Lerner markets
Co coordinate firm actions
Harnessing them to a macro path
Chosen by Gosplan