Maximizing Economic Output With Linear Programming…and Communism

Slashdot reader mkwan writes: Economies are just a collection of processes that convert raw materials and labour into useful goods and services. By representing these processes as a series of equations and solving a humongous linear programming problem, it should be possible to maximize an economy’s GDP. The catch? The economy needs to go communist. “[P]oorest members would receive a basic income that gradually increases as the economy becomes more efficient, plateauing at a level where they can afford everything they want to consume,” argues the article, while “The middle classes wouldn’t see much change. They would continue to work in a regular job for a regular — but steadily increasing — wage… Without the ability to own real-estate, companies, or intellectual property, it would be almost impossible to become rich, especially since the only legal source of income would be from a government job.”


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