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Ira Epstein's avatar

As a practical matter there are two issues you need to deal with. First is the issue of incentives. In a Market economy an individual is directly rewarded for his contribution to the production process. If that individual works harder or does something to improve the productivity of his labor those benefits accrue directly to him and Are in no way dependent on the decision of some board of egalitarians. In a market economy the incentive for the Individual to contribute to the extent of his ability to the production process, is that in so doing he also directly advances his own interests and in advancing his own interests advances the interests of everyone . The second issue you need to deal with is the matter of economic calculation. Let us say a decision is made by the board of egalitarians to produce more widgets. There are a multiplicity of ways the fixed factors of production and the complimentary factors of production can be combined to produce more widgets. The question for the board of egalitarians then becomes what is the most efficient allocation of the fixed factors of production and complimentary factor of production to produce more widgets . Without money as a unit of account to break down the various heterogeneous factors involved in this decision

and without the guidance of profit and loss the board of egalitarians is acting blindly. Egalitarianism is impossible because without private ownership of the means of production, profit and loss, and money as a unit of account to break down the various heterogeneous factors involved in that decision there is no way for the board of egalitarians to calculate economically in a rational matter .

Ira Epstein's avatar

From each according to his ability to each according to his needs. Under this standard would the collective community be able to make the determination that someone is not contributing according to his ability and could that person be punished accordingly. Perhaps after a show trial he could be denounced as a wrecker and executed. And what of those Kulaks who insist the own their property lock, stock, and barrel. Planning a campaign of dekulakization? The bunch of you are filled to the brim with what Ludwig Von Mises called the anti- capitalist mentality. You are enemies of civilization be property rights are the foundation of civilization. You are an enemy of human rights because as Rothbard proved property rights are human rights.

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