This is all technical stuff that leaves out the main class choice. Profit and capital accumulation are absent. The one mention of profit is mechanical, quoting Coase: "The main reason why it is profitable to establish a firm would seem to be that there is a cost of using the price mechanism"
If you do not have overall allocation of investment, you do not have an economy that is run by and serves the working class. If market actors can pursue, even must pursue, profit, you do not have overall allocation of investment. A socialist economy that allows any role for markets must deal with this fact ( https://shop.lightningsource.com/b/085?HfRY1iJbQqG6kNqpKTZY9D2Nyp7Rhy6pNynjWN5ankk ). -=-=-=-=-=-=-=-=-=-=-=- Groups.io Links: You receive all messages sent to this group. View/Reply Online (#39895): https://groups.io/g/marxmail/message/39895 Mute This Topic: https://groups.io/mt/116961607/21656 -=-=- POSTING RULES & NOTES #1 YOU MUST clip all extraneous text when replying to a message. #2 This mail-list, like most, is publicly & permanently archived. #3 Subscribe and post under an alias if #2 is a concern. #4 Do not exceed five posts a day. -=-=- Group Owner: [email protected] Unsubscribe: https://groups.io/g/marxmail/leave/13617172/21656/1316126222/xyzzy [[email protected]] -=-=-=-=-=-=-=-=-=-=-=-
