Saturday, February 02, 2013

Short Answers Given Repeatedly Dept…

By Carl Davidson

“…The beginning of wisdom in economics is understanding that there is no such thing as a fully planned economy nor fully free markets.

Under socialism, we will have a mix of the two, until the length of the working day approaches zero and the amount of labor time in any given commodity approaches zero, ie, full cybernation. Then the conditions will exist for states, markets and classes, including the working class, to 'wither away.' 

In the meantime, we do our best to apply intelligence in managing and living with them under the mixed transitional class society called socialism, the bridge between the current order and a classless society farther down the pike.”

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