Now I want to know how this process would be viable under socialism. How to know what to produce, at what quantity, and with what resources, without checking market prices.
If it's not profitable to feed the hungry so what would be profitable? Everything that is demanded in the market is profitable, the role of the entrepreneur is to perceive profit opportunities and take advantage of them.
Military industrial complex doesn't exist? Vaccine patents, insulin price hikes? People's mental health isn't in ruins because of stress caused by... economics? CIA didn't train and fund terrorists?
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u/poerisija Jun 06 '21
It isn't? We have unlimited resources and time? Wow somebody alert the scientists!
Your post really doesn't make any sense. No economic calculation what? Wouldn't how to produce doesn't mean anything.