Charles's article can be read as presenting a revolutionary Marxist vision in which expropriated corporations and worker ownership are coordinated through planning tools like input–output tables. It emphasizes replacing profit-driven allocation with socially guided production, linking technological coordination to democratic control and class empowerment. It attempts to outline a mode of socialist planning that is *historically grounded, politically conscious, and technically plausible* , rather than merely rhetorical.
Most bourgeois economists would respond by raising concerns about *information dispersion, incentive structures, and implementation risks* , arguing that centralized planning historically struggles with coordination, efficiency, and responsiveness. In other words, the kinds of concerns that were raised by von Mises and Hayek, and their successors. However, Marxists would point out that these critiques often assume market neutrality and ignore class power. They might point out that coordination technologies, digital platforms, and logistics networks already socialize production under capitalist control (and as discussed earlier, Coase had already made similar points in attempting to explain why firms exist in the first place under capitalism). From this perspective, socialist reappropriation can leverage these tools of modern information technology to reduce transaction costs and align economic outcomes with collective social objectives. -=-=-=-=-=-=-=-=-=-=-=- Groups.io Links: You receive all messages sent to this group. View/Reply Online (#39914): https://groups.io/g/marxmail/message/39914 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]] -=-=-=-=-=-=-=-=-=-=-=-
