Two important things I had not added in talking about Fred M Taylor's an Oskar Lange's take on market socialism were:
<< This is not 'Marxist' economics (as both Taylor and Lange decried the Law of Value (the Labor Theory)>> Nonetheless the Law of Value plays the same role here that it does in capitalism save rather than explaining the source of value and surplus-value as in capitalism, in this market socialism, the Law furnishes the source of value and the 'social surplus' (the communal dividend) that can be used for expansion of the scale production (and hence, for a rise in living standards) and/or welfare for those unable to work and/or real foreign aid (for an increase in the standard of living elsewhere) and/or for insurance to protect against the unexpected but inevitable catastrophes. As with the capitalist's profit these constitute deductions from the value added by labor. The size of the social surplus--the % of value-added by labor to be set aside for these needs--would be openly debated prior to a poll of the members. << Their proposals have the qualities of planning production for consumption in accordance with the needs and desires of the consumers as guide and not profit; while, at the same time, preserving incentive.>> The proposal is that all members of the socialist commonwealth would be compensated the same. Now how would that preserve (material) incentive? Lange's answer is that the members would have to pay for their choice of jobs. Thus laying around and smoking dope all day would be a vocation that would cost a lot; while, relatively speaking, picking fruit in 100 degree heat would be a job that would cost the worker little, very little. This last, in my opinion, is presently the most underpaid occupation. The costs of the several occupations would be determined in much the same way as the size of the social surplus. JAI -=-=-=-=-=-=-=-=-=-=-=- Groups.io Links: You receive all messages sent to this group. View/Reply Online (#7356): https://groups.io/g/marxmail/message/7356 Mute This Topic: https://groups.io/mt/81375137/21656 -=-=- POSTING RULES & NOTES #1 YOU MUST clip all extraneous text when replying to a message. #2 This mail-list, like most, is publicly & permanently archived. #3 Subscribe and post under an alias if #2 is a concern. -=-=- Group Owner: [email protected] Unsubscribe: https://groups.io/g/marxmail/leave/8674936/21656/1316126222/xyzzy [[email protected]] -=-=-=-=-=-=-=-=-=-=-=-
