- Joined
- Oct 11, 2011
- Messages
- 2,018
- Reaction score
- 918
- Gender
- Undisclosed
- Political Leaning
- Undisclosed
TheDemSocialist said:"A theory or policy of social organization which aims at or advocates the ownership and control of the means of production, capital, land, property, etc., by the community as a whole, and their administration or distribution in the interests of all. "
As I said, it seemed to me that you were walking this path.
In that case, we are back to the pricing mechanism. There is no substitute for personal valuation and calculation. The collective ownership of the production processes would provide no prices; without prices economic calculation is impossible; without calculation economic activity is impossible.