... PETER: Plenty. For starters, how do you calculate which goods and services to produce and in what quantities? If people would like more of both A and B,...
Robin: "A penniless person who is hungry has, according to the logic of the market, no "demand" for food.... The pricing mechanisms does not reflect this...
Robin: A penniless person who is hungry has, according to the logic of the market, no "demand" for food.... The pricing mechanisms does not reflect this...
Mike In my model [of socialism], individuals need to be limited in obtaining products based on their personal incomes, with those incomes determined both by...
... I don't recall that, but ... Under capitalism, people frequently don't buy what they "want." People survey the limited menu of what's currently available,...
... The "same end-result as capitalism" except for the long list of differences between capitalism and socialism :o) ... I support a system of individual...
MIKE: Under capitalism, people frequently don't buy what they "want." => ... Furthermore people invariably want more than is possible. And that is the engine...
... That's true at the point of an individual going shopping, but the charter or premise of socialist industry (production directly for social use, instead of...
... Democratic election of industrial management, one person one vote, would do a better job than aristocratic election of management, one share one vote, in...
MIKE: In my model [of socialism], individuals need to be limited in obtaining products based on their personal incomes, with those incomes determined both...
... McD: This is complete hubris. Read _Political Parties (1911)Robert Michels on democracy. Another book to read in _The Pure Theory of Democracy (1918) W.H. ...
Robin: A penniless person who is hungry has, according to the logic of the market, no "demand" for food.... The pricing mechanisms does not reflect this...
McD: Moreover, democracy is government. ipso facto. That is a very plain fact that many on the WSM list want to overlook. ROBIN: depends what you mean by...
Peter ... If you found yourself in a world where the industries were operated nonprofit, and your income was X number of labor time vouchers, I'm sure, when...
Peter K. ... You're confusing an action itself with one possible motivation for the action. Profit is the business's motivation. The action then taken is to...
<mcdonagh10@y...> wrote: [Lepore] ... Nice thing about democracy -- we don't have to go to all those boring committee meetings. We can elect delegates to...
Robin: A penniless person who is hungry has, according to the logic of the market, no "demand" for food.... The pricing mechanisms does not reflect this...
... McD: There is not much nice about democracy, Mike. You may well get to realise that if you continue to think about it. I was an enthusiastic democrat when...
... McD: No, motivation is not even germane to the point he made. The eca is very distinct from the argument relating to incentives, but the SPGBers do not do...
... McD: Maybe, but there is not likely to be ever such a world. It lacks an economic theory. ... Access ... McD: Do you think labour hours stand a chance...
... McD: Yes, he has no demand. Robin's idea of no economic system canot correct that set up but it can be coreected on the market if he gets a job. ... McD:...
... McD: I do not think so but that is not to rule out some semantics. I think any idea of democracy will mean coercive government. But we can see if semantics...
... Adjectival "democracy" notwithstanding, electing rulers is the aristocratic side of a polity. ... The enthusiastic oligarch is someone who has yet to...
... Paine argued for the Republic and representation. Burke argued for arbitrary rule. CJ ... Democracy has existed in the Gray League far longer than the...
... Incorrect. Socialism/communism is an economic system which economises by differentiating between and acting upon factors on the basis of their relative...
Anyone from the WiC list is welcome to come to any LA meeting. We meet for the last time this year at the Plough but there will be meetings at the London...
... McD: Nope, it is not incorrect, Robin. You have yet to comprehend the economic problem. You see it as a sham. ... McD: False. It is a wishing away meme...
... McD: I think that is not really apt, CJ. Burke argued for a division of labour qwhere politicians were experts ready to serve the public in the way that we...