"The real issue was that managers of publicly owned institutions couldn't perform economic calculation because they didn’t own the means of production. There was no market in the means of production, so the state controlled the entire supply chain and the consumer—making decisions with no mechanism for true calculation."
— saifedean (nprofile…6g5h)
Bitman
npub1z2…vmxwn
2025-03-24 17:41:07
Author Public Key
npub1z204rz2az24ne8xuym9j90dmnh533e03elucjslnsc802wjyrqps6vmxwnPublished at
2025-03-24 17:41:07Event JSON
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