Une question

[Nolan]

A simple statement that I need a response to.


Socialism is functionally impossible due to the price mechanism cost accounting problem.

[GPDP]

I assume that's the oft-trotted out Austrian economic calculation problem. There's been a number of threads on the subject, as a search will reveal:

http://www.revleft.com/vb/search.php?searchid=2317512

[griffjam]

Didn't Ludwig von Mises's "calculation argument" prove that socialism can not work? (http://infoshop.org/page/AnarchistFAQSectionI1#seci11)

[Nolan]

Are there any good Marxist-Leninist responses to the calculation argument out there that someone knows about?

[Zanthorus]

I don't know about M-L responses but I thought the Socialist Party of Great Britain's article on this subject was pretty good:

http://www.worldsocialism.org/spgb/overview/calculation.pdf