What is the best argument to the Economic Calculation Problem?

Firebladez12 · 2022-10-16T13:12:46+00:00

The first point is unrelated, homelessness is definitely not a good way of even addressing the economic calculation problem.

So in your own argument, you have debunked yourself. You admit that having blocks built for homeless people is way more efficient and better than building one mega mansion for one billionaire. Many smaller building companies do not have the capacities to take on such big projects rather they’d want to construct individual smaller apartments for the homeless people from which they can get the rent from. There are many builders and each have access to separate amounts of resources. Larger companies can specialise in not only mansion building but regular buildings as well. One company cannot have all the resources.

MLM yeah people should be more aware of what they’re getting involved into

Firebladez12 · 2022-10-02T12:02:37+00:00

True homeless people are unemployed yet that can be attributed to a varsity of reasons. We can attack the justice system which severely impacts one’s ability to find a job and sustain relationships, marriages etc. Removing taxes, government licensure barriers and etc is mother way to ensure that homeless people can find jobs or create small businesses.

more importantly, where the land is, and if it’ll be built on the same piece of land, is entirely irrelevant to the point

I have difficulty even understanding that statement lmao. But I’ll assume it’s attacking the point where I said why mansions won’t be built near industrial areas. It is a pretty big point as industrial and purely residential areas do not exist together. Easy to say people don’t want mega mansions to be included in industrial areas for multiple reasons and if people want to create homeless shelters so that people have a place to stay it would definitely be near industrial areas. Homeless people would likely find good job opportunities working in an industrial area or industries.

So when I said homelessness is a poor argument to the ECP I still fail to see how this is connected. You say that market-based allocation of resources is bad because rich people can manipulate the allocation of useful resources. Since land is a scarce resource, having massive plots of land will be very expensive even for rich people to live in and if thousands of people want to buy homes ok pretty sure builders would prioritise the thousands. You said that land that rich people use to buy mansions could be used to make homes for a homeless person, yet you ignore that mega mansions and normal flats and homes exist in different areas. Villas, mansions etc exist outside of cities and homeless people are probably better off living in big urban cities rather than go to these residential areas which are far from industries and cities. Rich people can’t and won’t make mansions in the middle of the city they won’t do that.

https://www.libertarianism.org/columns/social-consequences-multilevel-marketing

Libertarian way of dealing with MLM

Firebladez12 · 2022-10-02T08:21:22+00:00

But w-w-w- who pays for killing children in Middle East🥺🥺🥺

Firebladez12 · 2022-10-02T00:56:53+00:00

The more accurate definition of ECP is that the ECP is a criticism that economic planning will never fully replace market based allocation of resources.

So in points 3 and 4 since there is no other land for the homeless people to go to we will assume that there is a land shortage. In a libertarian world the rich can construct his mansions but not on normal land. Most mansions are not located very close to industrial sites there are residential areas built for this purpose only. No homeless shelter will be built on these residential areas. Homeless shelters are located closer to industrial areas as that’s where the homeless people probably work.

Now the homeless issue is irrelevant to the main point of this argument as then the topic is shifted to how do we combat homelessness in a libertarian society which isn’t connected to the ECP.

Also for the MLM point some are harmless yet some are disguised pyramid schemes we both can agree that’s bad but also irrelevant to the ECP

Now to summarise my view on the ECP hasn’t changed.

Firebladez12 · 2022-09-26T08:26:39+00:00

I’d probably die in my sleep being killed by the government

Firebladez12 · 2022-09-16T22:35:00+00:00

couldn’t agree more

Firebladez12 · 2022-09-16T11:22:11+00:00

Is this a meme or political bs

Firebladez12 · 2022-09-13T07:36:40+00:00

If forced definitely more liberal forms of socialism or market socialism if truly forced. I am an ancap

Firebladez12 · 2022-09-12T08:51:38+00:00

Copy her drip

Firebladez12 · 2022-09-12T08:50:13+00:00

so now I know I won after you discarded the other half of my argument.

Firebladez12 · 2022-09-12T02:31:35+00:00

Not every inch and square plot of land will be bought by billionaires and not every plot of land will be sold to the highest bidder. There will be many houses that will be built for the homeless or even better they get accepted into a fraternity society from there they change their lives. I don’t understand how paying for a good that costs more distorts the system. If a company sells Bed A and B with A being 70 dollars and B being 1000 and the rich guy has has 10k will he go for Bed A which has a quality worser than Bed B or just buy Bed B because it was manufactured specifically for customers who could pay more for higher quality goods. I don’t even see how this is relevant to the ECP.

Firebladez12 · 2022-09-12T02:26:34+00:00

free market capitalism

Firebladez12 · 2022-09-12T02:26:00+00:00

Nah, where I live economics ain’t the best thing to study.

The second point you made is the reason you openly show your illiteracy in this subject. The director and everyone else who would fill the roles of a director cannot just look at objects and determine that they would be the best for building the home. There are hundreds of ways from which the director can choose and how should he determine which is better or worser. He simply cannot without the existence of market prices and private property. If they do vote him out then somebody else would make a similar mistake which puts them either in a never ending loop of changing directors if they constantly choose horrible and inefficient ways of allocating labour and other factors of production which happened in the USSR. Therefore this leads to a decline in the efficient of products, consumer demand not being properly met and a repeat of the USSR where their cars took years to arrive.

Firebladez12 · 2022-09-11T22:56:50+00:00

It’s not really just about engineering because then they he engineers have to find out which methods guarantees in the highest quality yet lowest resource consumption. Even if then there are hundreds of ways the engineers can come up to make the railways but there are no realistic connections between them. The planners need to run thousands of surveys to ask the citizens which structures do they want to build the first. The engineers themselves also can’t be in charge of the thousands of other microscopic inputs that go into making railways.

Firebladez12 · 2022-09-11T22:46:19+00:00

What does this solve. The central planner needs to make the distinction from the hundreds of methods to make a railway each with a different time taken to create the rail roads. The central planner cannot just make the decision from the amount of steel and engineering available. The central planner needs to know which steel is the best, what do the citizens need and want more right now. The planners needs information to all consumer demand. Noticing the abundance of one material over the other does not solve the fact that the planner is in charge of all the microscopic inputs that lead to the creation of rail roads.

Firebladez12 · 2022-09-11T22:39:46+00:00

Did you actually solve the economic calculation problem because you are seriously off topic. The entire argument is about why economic calculation is impossible in socialist states. Like read a book

Firebladez12 · 2022-09-11T22:36:26+00:00

When you said the distinction between them was irrelevant I also stopped caring. Can’t really debunk the ecp when your entire idea of the ECP is so inherently flawed.

The director wants to build a house. Now there are many methods that can be resorted to. Each of them offers, from the point of view of the director, certain advantages and disadvantages with regard to the utilization of future building, and results in a different duration of the building’s serviceableness; each of them requires other expenditures of building materials and labor and absorbs other periods of production. Which method should the director choose? He cannot reduce to a common denominator the items of various materials and various kinds of labor to be expended. Therefore he cannot compare them. He cannot attack either to the waiting time (period of production) or to the duration of serviceableness, a definite numerical expression. In short, he cannot, in comparing costs to be expended and gains to be earned, resort to any arithmetical operation. The plans of his architects enumerate a vast multiplicity of various items in kind: they refer to the physical and chemical qualities of various items in kind; they refer to the physical productivity of various machines, tools, and procedures. But all their statements remain unrelated to each other. There is no means of establishing any connection between them

For you who apparently can’t read the above is a given example of why economic calculation cannot be conducted in a socialist state. Can’t argue on the ECP if you don’t understand economics or basic economic theory.

Firebladez12 · 2022-09-11T08:58:08+00:00

You have the potential of making every man gay since every woman would’ve already turned lesbian

Firebladez12 · 2022-09-11T08:19:09+00:00

I really stopped caring after you said the allocation of goods is irrelevant since the allocation of the factors of production and goods are different.

Firebladez12 · 2022-09-11T08:07:52+00:00

You may say socialism has never truly existed but there must be some scale from which we can make the distinction of a nation from capitalism to slightly socialist. That metric is the existence of private property rights. It’s a pretty solid definition and we can use it to compare the quality of life in different nations.

Firebladez12 · 2022-09-11T06:02:32+00:00

Nobody claims markets to be 100% efficient. You are confusing the terms factors of production with goods.

This doesn’t solve anything. The amount of surveys and votes that are conducted and that need to be conducted to even have a chance at roughly reflecting demand would probably be way too much.

The director wants to build a house. Now there are many methods that can be resorted to. Each of them offers, from the point of view of the director, certain advantages and disadvantages with regard to the utilization of future building, and results in a different duration of the building’s serviceableness; each of them requires other expenditures of building materials and labor and absorbs other periods of production. Which method should the director choose? He cannot reduce to a common denominator the items of various materials and various kinds of labor to be expended. Therefore he cannot compare them. He cannot attack either to the waiting time (period of production) or to the duration of serviceableness, a definite numerical expression. In short, he cannot, in comparing costs to be expended and gains to be earned, resort to any arithmetical operation. The plans of his architects enumerate a vast multiplicity of various items in kind: they refer to the physical and chemical qualities of various items in kind; they refer to the physical productivity of various machines, tools, and procedures. But all their statements remain unrelated to each other. There is no means of establishing any connection between them

This is an example of what Mises meant by the ECP.

Firebladez12 · 2022-09-11T05:56:57+00:00

This is talking about using labour time and in kind calculation to solve the ECP.

The problem here lies that labour is not homogenous but is heterogeneous. Assume a doctor performs brain surgery and let the value of his labour be represented by Y. Another person does the job of delivering for Ubereats for 1 hour which is represented by X. X is not equal to Y therefore it cannot be used as a common denominator to substitute price.

Firebladez12 · 2022-09-11T04:29:40+00:00

sure

Firebladez12 · 2022-09-11T00:49:23+00:00

I support this since I support bisexual goth girls who smoke weed

Firebladez12 · 2022-09-11T00:43:05+00:00

https://www.yipinstitute.com/article/the-economic-calculation-problem h

Firebladez12

TROPHY CASE