[beckman466]

> I am wondering to what extent the central planning is much more tractable now with the amount of data and computerization. It is not like free market is perfect in adjusting either (i.e. situation with timber or computer chips or containers in covid times). I'm not convinced that central planning is the best way to organize the state, but I'm wondering whether the intractability argument against is still valid or not.

I am personally very grateful to have come across the work of Lynn Foster and Bob Haugen (and a few other parties, e.g. Sensorica). They are working on exactly this problem. Their project is called http://valueflo.ws (their software org is: http://mikorizal.org). One of the projects I'm most excited about is the Valueflo.ws vocabulary on the Holochain distributed app framework: https://github.com/holo-rea. It can basically replace today's centralized Enterprise Resource Planning model with an ecology of fully distributed economic resource protocols.

Lynn did a fantastic presentation; which includes a good intro to their accounting model (Bill McCarthy's Resource Event Agent (REA)): https://www.youtube.com/watch?v=vymAHXGSM14

There is also a great story (using the example of making a pie) in pdf format on the Valueflo.ws website: http://mikorizal.org/ValueFlows-Story.pdf

NY Textile Lab is a project that is working to integrate Valueflows: https://www.newyorktextilelab.com/holochain-app-development