What we just hashed out packs more understanding of economics into the space of two pages than the entire knowledge of Marxist economies.

It also assumes the cost of production is entirely predictable, for every product in the field you control

Yes.

Marxism has no economy

This is why Hayek calls it hubris. There's no conceivable way that a central authority can know the intimate details of every transaction to the point where they aren't throwing darts at the proverbial board

this is why all those commie people / ideas in business always fail

Entirely blind lol

Well, what if there was?

Have you guys seen Death of Stalin. lol

Let's say we have enough computing power to do so.

Let's write a computer program that perfectly allocates resources.

I've been tempted to go watch it

The Marxist Dream Machine!

I can't argue on the base of "what if there was"

Cuz you can apply that to anything

"What if there was no corruption"

But I don't really watch movies much

It's like a classic Monty Python film.

There's even a python in it.

What would it do? It would just end up simulating a free market economy.

A complete redundancy.

Well no, they want the ability to curb stuff they don't like

That's the whole point of it

And, anyway, we use plenty of algorithms to predict market prices already.

Yes, but stuff they don't like is part of the market.

I don't like that people spend hundreds of dollars on a Britney Spears concert.

But that's not a failure of capitalism.

It's a moral failure.

It's your mom's failure.

Lol

No disagreement there.

😨

You can't talk about me mum like that.

Take it back.

people spending hundreds of dollars on Britney Spears concert is capitalism at work

Actually, that's one of the things people miss.

Okay, I take it back.

>moral
It's just shit taste

We spend more on entertainment than healthcare.

Phew.

But somehow healthcare is the problem.