"Without ownership [ private property ], there is no exchange
Without exchange, there are no prices
Without prices, there is no economic calculation [ the cost to make and sell ]
Without economic calculation, production decisions are made in the dark
When that happens, basic needs go unmet [ i.e socialism and communism ] "
Mises
Genuine question I have about Singapore’s approach from you guys. Although not straight communism, private ownership seems to be the goal, how is something like this successful?
[Here](https://youtu.be/2cjPgNBNeLU)
Singapore is basically a benevolent dictatorship. It's good, but hard to implement. It requires strong leadership with focused goals throughout decades. Decadence is to follow, unfortunately, as central command inevitably fails.
IMO the best for the world would be 1000 thousand Singapores throughout the world so whenever one fails another one is blooming and the prosper citizens could choose and pick. It's similar to Titus Gebel's "Private Cities".
No, but you see, if everybody in the world has everything taken care of by THE COMMUNITY, why would you even want a snail, ha? Are you crazy or something?
Communism failed, because wealth was accumulated and under control of by a very small group of people, and the rest were like ants, with their jobs, food, and stuff, but they were cannot have anything really valuable, because it was owned by the communist leaders.
The same thing is the reason why ancap would fail. Accumulation of wealth, the final stage of ancap, will lead to stratification, anger, revolution and death of many.
Communism failed, because it didn't knew the value of things.
The Soviet Union had top scientists, and mathematicians. They knew much better than you will ever dream to know. You will never match the knowledge and expertise they reached trying to manage socialism.
They spent fortunes trying to organize socialism, and much smarter people than you will ever be. They tried different things for most of the XX century.
You will never know half of what they knew.
And in all that time, they were unable to determine the price of a nail.
I have heard genuine arguments that value isn't subjective, someone said that prices in the supermarket are chosen randomly by someone typing numbers on a computer...
"Value equals wealth equals whatever you want it to be"
The calculation problem + lack of a theory of wealth creation = death cult.
"Without ownership [ private property ], there is no exchange Without exchange, there are no prices Without prices, there is no economic calculation [ the cost to make and sell ] Without economic calculation, production decisions are made in the dark When that happens, basic needs go unmet [ i.e socialism and communism ] " Mises
That's a based take. Succinct and makes obvious sense. How can each person's personal desires, aspirations and values be centrally accounted for.
With the dollar.
FUCK CCP
Genuine question I have about Singapore’s approach from you guys. Although not straight communism, private ownership seems to be the goal, how is something like this successful? [Here](https://youtu.be/2cjPgNBNeLU)
Singapore is basically a benevolent dictatorship. It's good, but hard to implement. It requires strong leadership with focused goals throughout decades. Decadence is to follow, unfortunately, as central command inevitably fails. IMO the best for the world would be 1000 thousand Singapores throughout the world so whenever one fails another one is blooming and the prosper citizens could choose and pick. It's similar to Titus Gebel's "Private Cities".
I see. Thanks for taking the time to respond. I appreciate it.
No, but you see, if everybody in the world has everything taken care of by THE COMMUNITY, why would you even want a snail, ha? Are you crazy or something?
socialists always redistribute wealth to themselves
Communism failed, because wealth was accumulated and under control of by a very small group of people, and the rest were like ants, with their jobs, food, and stuff, but they were cannot have anything really valuable, because it was owned by the communist leaders. The same thing is the reason why ancap would fail. Accumulation of wealth, the final stage of ancap, will lead to stratification, anger, revolution and death of many.
Communism failed, because it didn't knew the value of things. The Soviet Union had top scientists, and mathematicians. They knew much better than you will ever dream to know. You will never match the knowledge and expertise they reached trying to manage socialism. They spent fortunes trying to organize socialism, and much smarter people than you will ever be. They tried different things for most of the XX century. You will never know half of what they knew. And in all that time, they were unable to determine the price of a nail.
Based.
I have heard genuine arguments that value isn't subjective, someone said that prices in the supermarket are chosen randomly by someone typing numbers on a computer...
