Message from @Scribblehatch
Discord ID: 497751814842875905
We're trying.
Michigan Union types think Californian Actors Guild members are lazy bumfucks who get all the accolades for doing nothing valuable. The Californain Actor Guilds think the Automakers union members are deplorables.
But we haven't had enough beer, yet.
And where are the ice cubes to throw at each other?!
This should help.
What kind of mosh pit is this?!
@Undead Mockingbird Exactly. Money isn't the important signal. It's all in the relative pricing of resources.
Right.
The economy is a distribution system. Not a money system.
people have a different concept of money
Some see it as a commodity, if you have lots of money you can do a lot, you can print it, you can steal etc its just an object with value
Others see it as a compensation of work
If there are 4 coconuts on an island and there are $100 in circulation, each coconut is worth $25. If there's $1000, they each are worth $250.
Is the sand worth nothing
Is labor worth nothing?
the coconut is as much worth as i'm willing to pay for it
Can you get new coconuts?
How much labor do you have to invest to get a cocounut?
That's your cost of labor.
Good luck opening the coconut in such a way that you keep all the milk.
Right.
Gotta find a good rock.
And there's the complexities of real world markets coming in.
But it's not like we just pick prices.
That's why it's so hard to centrally plan price signals.
thats because central planning revolves around assuming people will pay for a fixed price
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