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What's a better system? About the time that Marx was formulating his ideas on society and markets, the US was just about finishing up several decades of governm
by merpnderp 10y ago
What's a better system? About the time that Marx was formulating his ideas on society and markets, the US was just about finishing up several decades of government businesses that kept losing money against free market ran businesses even though they had the weight of the US treasury behind them. I doubt anyone would disagree that the reason the government businesses failed was that they were not sensitive to market signals and kept investing people's labor poorly.
- tootie 10y agoSocialism need not be paired with a command economy. Capitalism plus redistribution works better.