A Pathway to Communism

[ShaunHingston]

Hey everyone!

I just want to share a link regarding how it would be possible to convert capitalism into communism via non-violent means. And if possible please ask questions there.

Since I can't add links please

google: david little discusses David Graeber's

it should be the first link, then the first comment. And if possible, a post with the link would be appreciated :).

[ShaunHingston]

A Pathway to Communism

I could have said a pathway to socialism or anything else, but given the worldwide calls for a fairer, more equal society, I thought it time to discuss something provocative. If the moronic elites are going to declare class war on labor, then it is only a matter of time before labor is plunged into more suffering. I don't agree with the somewhat observatory stance taken by the MMT community, rather a more active role should be taken to equip the next generation so that the same mistakes are not repeated.

This is the intro.

[ShaunHingston]

A Pathway to Communism

I could have said a pathway to socialism or anything else, but given the worldwide calls for a fairer, more equal society, I thought it time to discuss something provocative. If the moronic elites are going to declare class war on labor, then it is only a matter of time before labor is plunged into more suffering. I don't agree with the somewhat observatory stance taken by the MMT community, rather a more active role should be taken to equip the next generation so that the same mistakes are not repeated.

[ShaunHingston]

<b>A Pathway to Communism</b>

<i>I could have said a pathway to socialism or anything else, but given the worldwide calls for a fairer, more equal society, I thought it time to discuss something provocative. If the moronic elites are going to declare class war on labor, then it is only a matter of time before labor is plunged into more suffering. I don't agree with the somewhat observatory stance taken by the MMT community, rather a more active role should be taken to equip the next generation so that the same mistakes are not repeated.</i>


<i>What has MMT got to do with this?</i>
After learning about the MMT definition of supply side inflation, the next logical question is how to fix supply side inflation? Generally the response by the state; in the form of taxes, fines, interest-rates, etc; is to destroy or inhibit the ability of a sub-class of economic agents that are dependent on the inflation causing resource. This approach works fine as long as the economic-agents are not people, that is they are firms.

However, as usual, there is a massive deficiency in economic thought when it comes to dealing with supply side inflation. I think that there is a good reason too. If there was a body of work that could describe fair approaches to handling supply-side inflation, then hypothetically, an economy could be run extremely efficiently. From this efficiency, a level of coordination could be achieved, that would in some way resemble Communism.

<i>Right, so you have discussed how MMT via supply-side inflation is involved, but you need to define a way of dealing with supply-side inflation</i.

So my opinion is that when talking about supply-side inflation three concepts are needed, (1) The Guardian (2) Constrained-Token. (3) Quota-Determination.

(1) The Guardian.

The Guardian is suppose to represent the distributional structure needed to distribute a rare resource. The personification of the term is meant to indicate the nature of the structure, and it is an essential detail. The reason why, is because the Guardian is the structure that has complete control, granted by the people, to distribute a resource that is needed for the existence of the people.

The arbitrator has the ability to significantly control the masses, by exerting influence over distributional structure. Now to objectively define the characteristics of the Guardian it is necessary to talk about Game Theory.

The Dictator Game would be the standard of measure of the Guardian(won't discuss the game here). Basically, the Guardian would need to be extremely altruistic in nature. Further given its position of power, I would deem the Guardian somewhat irrational, because presented with the opportunity to exploit a massive labor force, it instead does the opposite.

Constructing the Guardian is rather a difficult task. You could randomly attempt to construct an institution that in some why is 'measurably' altruistic. However I think a more robust framework is needed to describe the construction of the Guardian.

<b>Construction of the Guardian.</b>

IMO there are two factors that need to be considered; (1) The boundaries of the Guardian. (2) The altruistic nature of the Guardian.

<i>The boundaries of the Guardian.</i>

What would prevent two countries that seem to oppose each other going to war? Their definition of 'self'. As the economic networks between two countries( generalizing to two entities), increase and strengthen, then this leads to the two entities becoming more inter-dependent. The definition of self is no longer clearly defined for either economy. Both economies are connected in a way, that severing networks through hostilities would be mutually damaging. This pattern is repeated through out nature, the connection between the arm and the brain, relationships between people, food-chains, etc. This inter-connectedness redefines the meaning of self, such that destroying something that may have once been considered external, is harmful because of the networks that connect the external with self. This natural pattern can be used to construct the Guardian.

<i>The altruistic nature of the Guardian</i>

Firstly a definition of altruism is needed that does not overlap with 'the boundaries of the guardian'. So I will define as follows: Altruism is the probability associated given the case; Of an agent interacting with a second party, the first agent has the ability with minimum risk to exert control to exploit the second party; such that it doesn't.

This would represent a deviation away from optimal behavior. Therefore entities exhibiting this deviation, would for the problem of distributing a rare essential resource, possibly be an essential component of the distribution of said rare resource.

So these two 'natural' properties would be used in constructing the Guardian.

<b>(2) Constrained Token</b>

The constrained token would represent an entitlement to an amount of the essential resource. It would function as a separate token system. The issuance would be handled by the token issuer according to a protocol agreed-ed to by the people.

<b>(3) Quota-Determination</b>

Quota-Determination would require a secondary informational system that would measure the wants & desires of the people for the rare resource. Accordingly, it would calculate the appropriate amount of constrained tokens each person would receive.

<i> The Quota Informational System sounds oracle-like, something a bit more practical is needed</i>

The difficulty of the Quota Informational System is that the 'wants and desires' measured by it will equal more than the total amount of resources available, by definition that is why it is a rare resource! So the Quota Informational System will also need to exhibit some 'Guardian-like' behavior in order to apply a 'hair-cut' to want people need & want.

<b>Definition of ideal Quota Determination.</b>

Ideal quota determination will occur when: Everyone first expresses the amount of rare resource that they want & desire and then also express how much they think every other person should receive. The result would be two calculations: The first being the sum of what everyone wants, The second would be the sum of the average of what everyone should receive. There would be an additional factor needed so that the proportion of both calculations would be summed in such a way that would arrive at the total amount of available rare resource.

<b>Cont.</b>

<i>This still appears to have nothing to do with Communism.</i>

Really? Simple, remove money, and distribute everything according to the Quota system. That's communism right? Everything would be distributed according to notion of "socially necessary". The wants & desires of each person for each resource would be perfectly allocated given the amount of available resource.

<i>Even so, I don't see how it will ever be possible.</i>

Sure, I agree, if anything, I've shown that communism more likely to be impossible. But that's missing the point. The Marxian concept of "Socially Necessary Labor Time" is an poorly defined concept. What is socially necessary? Who decides what is socially necessary? These are two essential questions that need to be understood and answered in order for people to understand the financial system. As said elsewhere, the idea of perfectly socially necessary is the ability to measure the wants & desires of everyone everywhere simultaneously. This is currently reflected in the pricing mechanism. When this occurs resources will be allocated perfectly, and the performance of the economy will be maximized.

Although this doesn't show how to guarantee the creation of communism, it does show via non-violent means a way of achieving socialism.

Also as I have said elsewhere, the quality of prices determines how well resources are allocated. Economic growth is IMO strongly influenced by the pricing mechnasim. But the definition of prices, what they are, where they come from is a poorly defined topic. Hopefully, as demonstrated, the idea of Socially Necessary and Price Structure are indistinguishable.

From this perspective prices aren't determined by the market, they are determined by what people deem socially necessary. This statement should be one of the founding laws of economics.