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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thats where i ended where i started was thinking about the socialist calculation debate
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specifically people who hope to use computers to make socialism a viable alternative to market economies face a problem not considered to the best of my knowledge
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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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Replying to @eigenrobot
the problem is that a command economy converges towards a higher amount of desirability (but is harder to implement) than a market economy market socialism is best of both worlds here
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Replying to @parafactual @eigenrobot
does not help that most people who have tried to implement a command economy were stupid
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unfortunately everyone is stupid
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