> From time to time everybody can vote if he prefers to have more iPhones or more Android phones, vanilla ice cream or strawberry to actually produce the desire

> From time to time everybody can vote if he prefers to have more iPhones or more Android phones, vanilla ice cream or strawberry to actually produce the desired goods and that's it. This is the crux of the problem: it's not just final consumer goods that need to be chosen, but every intermediate good up and down the value chain. And each of those choices is subject to differences of opinion, rapidly changing inputs, and shifting technologies. And even at the consumer-goods level, the complexity of the voting would be astounding. It's not going to be a question of simple two-way elections -- you really need to measure a gigantic matrix of relative preferences for each person, and nobody has enough information about relative inputs costs to even accurately fill out their own matrix. This is precisely why market pricing is so useful, and why it is unlikely to ever disappear entirely.