Results 101 to 102 of 102
Seems like the discussion has become about management of individual demands in a socialist economy. I don't think that labour credits are really necessary for that. What you need to know is whether an individual wants a particular labour L performed by worker X on resource Y more or less than another possible configuration. That means you need to know their order queue or "demand list" sorted according to their personal preferences. Aggregated order queues will give the social necessity of any particular LXY configuration.
Keep in mind, that the fundamental aim of communism is elimination of private property, not elimination of "market". But what is "market" without private property? Nothing but crowd-sourced evaluation of possible labour activities. The problem of capitalistic economy is precisely the fact that it distributes "eternal" property rights according to temporary decisions on the market and as property rights accumulate, monetary decisons on market reflect less and less actual social needs. It seems to me that labour credit system could have the same problem.
No, it's covered far broader ground than just that, since the model itself is comprehensive on administration, labor, and consumer-type concerns. (My blog entry is an introduction to the addressing of the balancing of these three fundamental components.)
What's the problematic that you're thinking of here?
