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:…

Outline of my main arguments with references in context:…

Check out my blog:

For more on Marxian economics, see:

For more on The Law of Value, see:…

Richard Wolff on Capitalism:

Paul Cockshott on Cybersocialism:


Labor Theory of Value empirical evidence:………

Transformation problem:…

More on the economic calculation problem:…

On information in a socialist economy:…

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


Published by

Patrick Vinson

Founder of Berning Media Network

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