We are developing the social individualist meta-context for the future. From the very serious to the extremely frivolous... lets see what is on the mind of the Samizdata people.

Samizdata, derived from Samizdat /n. - a system of clandestine publication of banned literature in the USSR [Russ.,= self-publishing house]

Samizdata quote of the day – why prices matter edition

“The Democratic Socialists of America’s (DSA) new platform promises a world without bills. In their utopia, you’d see no rent check. No health insurance premium. No student loan repayment. No electricity bill. Life’s basics, including food, education, medicine, and transportation, would all become `common goods and utilities.'”

Ryan Bourne. 

2 comments to Samizdata quote of the day – why prices matter edition

  • Discovered Joys

    In a world where `common goods and utilities’ are provided without bills who will be able to judge whether or not some local bureaucrat is receiving ‘more than their fair share’?

    People are sensitised to someone else getting ‘more than their fair share’. Historically wage controls have always failed because workers try to maintain their ‘differentials’. Black markets flourish when `common goods and utilities’ are scarce.

  • llamas

    Life’s basics, including food, education, medicine, and transportation, would all become `common goods and utilities’ – and more-or-less unobtainable, except, of course, for the ‘comrades of proven worth’.

    Trump’s motorcade, for all his posturing, goes down the sane streets as everbody else. It was Moscow that had Zil lanes.

    llater,

    llamas

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