View Single Post
  #14  
Zhukov Zhukov is offline
Supa Soviet Missil Mastar
Zhukov's Avatar
Join Date: May 2003
Location: Tasmania
Zhukov has joined BAPE's armyZhukov has joined BAPE's armyZhukov has joined BAPE's armyZhukov has joined BAPE's armyZhukov has joined BAPE's armyZhukov has joined BAPE's armyZhukov has joined BAPE's armyZhukov has joined BAPE's army
Old Oct 29th, 2003, 06:09 AM       
I took the time to look into this and what OAO states as the downfall of socialism is a non existant problem.

the main flaw of the whole von Misses argument is that prices are not determined by exchange in the market place (though they are affected by that) but in the last instance (though in a distorted way) do reflect value which is determined by the amount of socially necessary labour time to produce it.

if you take for instance a large multinational which controls the production of one type of goods completely from the beginning of the chain to the end, and furthermore produces its own capital goods, then you have the same situation as described by von Misses. however this offers no problem to the multinational. though the products are not priced at the different steps of the production chain, they are still accounted in the general accounting of the company.

It is a non existent problem.

the other point about von Misses is that he was criticising bureaucratic planning assuming this was the ONLY type of central planning possible, and even though it was from the 20'S, it more acuratley fits in with Stalinist beuracracy - in which case it is not a socialised economy anyway.

Quote:
few people are left that still care about pure socialism or communism. They're anachronisms.
Anachronisms of the future perhaps? No, wait, fuck you Sethomas. Maybe not on this board, but worlwide there would be many. What are you again? Socialist Democrat? Demcratic Socialist?

If Vince Zeb is still sayin' what needs to be said, then I urge him to join this lively discussion.
__________________
Reply With Quote