clarke's third fundamental theorem of welfare economics states that any sufficiently advanced socialist economy is indistinguishable from a market economy
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it turns out that as computational power increases and makes socialism more feasible in absolute terms, that computational power is also harnessed by market economies to dramatically reduce frictions increase _their_ absolute desirability
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now this is a question of competing rates and my claim about the sign of the first derivative says nothing about magnitudes but i think it should make socialists less hopeful at least (it probably wont)
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another very good point gg socialismhttps://twitter.com/jacobjwilson/status/1356437044738854912 …
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some version of this meme is embedded in there. high cpu socialism still needs a good underlying dynamic worked out so it maps well to reality and if it just captures it well it mostly does a more computationally expensive and slightly more shitty open market dynamicpic.twitter.com/gE7uVGePCp
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