Opinion

The Economics of Socialism (Video)

 

This video is largely built off the work of economist Allin Cottrell and computer scientist Paul Cockshott from their book “Towards a New Socialism” which you can read here:

http://ricardo.ecn.wfu.edu/~cottrell/…

Outline of my main arguments with references in context:

https://eastsidemarxism.wordpress.com…

Check out my blog:

https://eastsidemarxism.wordpress.com/

For more on Marxian economics, see:

https://thenextrecession.wordpress.com

For more on The Law of Value, see:

https://www.youtube.com/watch?v=dGT-h…

Richard Wolff on Capitalism:

https://youtu.be/6P97r9Ci5Kg

Paul Cockshott on Cybersocialism:

https://youtu.be/LtlZys7QOO4

References:

Labor Theory of Value empirical evidence:

https://drive.google.com/file/d/0BxvN…

https://www.jstor.org/stable/23597084…

https://rvpress.files.wordpress.com/2…

Transformation problem:

https://drive.google.com/file/d/0BxvN…

More on the economic calculation problem:

http://ricardo.ecn.wfu.edu/~cottrell/…

On information in a socialist economy:

http://ricardo.ecn.wfu.edu/~cottrell/…

How computers can calculate labor values and trial error process results:

http://ricardo.ecn.wfu.edu/~cottrell/…

 

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