Schrödinger's Cat
29th September 2008, 00:53
Creative destruction is mostly limited to market conditions, but for planned (democratic) economies there still persists the question of how to deal with innovation in terms of "businesses." Obviously we all want to see new and better ideas beat out more antique technologies (at least in terms of ability - if some people prefer a VHS player over a DVD Player, that's their own choice), but how about dealing with the improvement of workplaces? Outside of the ensuing employment problem, it's sometimes good in capitalism to see businesses fail. Would there be a way for businesses to "fail" in a democratic economy? Granted in capitalism this is limited to small and medium-sized businesses; companies like Coca-Cola have existed for decades.
I think the most likely outcome is that items will take priority over business structures. Factories don't need to fail; they need to be updated. Most box stores can be taken as an example. Is there really any need for a Barnes and Noble and Wal-Mart, when you can still supply the same goods using a different business and have an even better (and less generic) storefront?
Perhaps if a workers' council can't attract enough employees to properly operate there will be some method for the greater assembly to take them into different firms.
I think the most likely outcome is that items will take priority over business structures. Factories don't need to fail; they need to be updated. Most box stores can be taken as an example. Is there really any need for a Barnes and Noble and Wal-Mart, when you can still supply the same goods using a different business and have an even better (and less generic) storefront?
Perhaps if a workers' council can't attract enough employees to properly operate there will be some method for the greater assembly to take them into different firms.