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Hytosys | 10 years ago
b) I typically regard such actions as means to sustain profit, but I won't deny the exceptions to this rule.
c) I scrutinize the definition of profit here, but I won't disagree with what I believe to be your sentiment.
You go on to describe the feudal and individual capitalist (I think?) modes of production, which helps to define profit, but this is otherwise divergent from (c). In the communist mode of production, "profit" serves the community (ideally global), not the individual. I'm wondering what your profit analysis of the communist mode of production is.
vezzy-fnord|10 years ago
The canonical argument against this is "Economic Calculation in the Socialist Commonwealth". There's generally been two ways socialist thinkers have tried to get around this: a) calculation in kind, which essentially reverts us back to unscalable barter where there is no reliable unit of account, and b) the Lange model of a Central Planning Board, which immediately brings all the issues of public choice, bureaucracy and "state capitalism" as you derided it earlier.