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Does the economic calculation problem apply to so-called "market socialism"?
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@Anarcho : "Will someone who's productivity is many times greater then someone else's recieve the same salary as the much less productive person(s)?" Of course, why would a gold seeker would be paid more than a forester? Because gold is more expansive than wood you think? And what about...
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Before this thread, goes off on tangents, that will answer the OP post, but probably serve to confuse the discussion generally. I will attempt to answer, for the op, you're friend, might prescribe to socialism, that is leaning more toward communism, that advocates workers rights, state owned enterprises...
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So this Raymond Lotta guy, of the Revolutionary Communist Party of America, is coming to my school this week to give a speech ( http://thisiscommunism.org/ ). I need some help preparing some questions/comments that will prevent anyone from buying into his nonsense. I am somewhat familiar with cost accounting...
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In many ways, however, the soviet union was financed and otherwise supported by various american businesses and intellectuals. the progressive state in america, during the first world war, was in many ways a direct inspiration for the various socialist revolutionary movements.
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I would be interested in seeing a post, blog, website, etc that is devoted to defining political terms. I was at a Tea Party where I saw signs calling Obama a communist, a socialist, and a fascist. Which sign was correct? All three? What about Bush, what would we classify him as? I believe there are...
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In the midst of our economic slowdown, the U.S. Treasury Dept has issued what they are calling the "Blueprint for Financial Regulatory Reform". The highlights, as given by an article on Yahoo!'s website , are as follows: --designate the Fed as the primary regulator for market stability...