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A communist society where the government owns all the means of production and everyone gets a $60,000 UBI can still use markets to allocate resources for produc
by hx87 10y ago
A communist society where the government owns all the means of production and everyone gets a $60,000 UBI can still use markets to allocate resources for production.
- snrplfth 10y ago...but if the government owns all 'capital goods', then you can't use markets to allocate those capital goods between different owners.
- AnimalMuppet 10y agoCan, in theory. But in practice, it's much more likely to use politics and bureaucracy. (Source: The last two hundred years of government behavior.)