I'm not worried about the "no incentive to work under socialism" problem. That I think is a straw-man.
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Replying to @youngicarus
wait but that seems likely to misallocate capital. Have you read My Favorite Socialist Article? https://www.jacobinmag.com/2012/12/the-red-and-the-black …
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Replying to @csilverandgold
Like sometimes more capital SHOULD go to potential rather than labor costs.
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Replying to @csilverandgold
not that that's what the article above says, but it basically talks about allocation problems in Soviet bloc socialist countries.
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and how to design a socialist system that effectively addresses the problem of how to allocate resources outside of capitalism.
2:12 PM - 4 Oct 2017
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