/biz/ - Business & Finance

Marxism is stupid because under a centrally planned system without market prices or profits there is no economic incentive mechanism by which to direct economic activity. The price system transmits valuable information to buyers and sellers and without that market-based price system, distorted artificial prices arise which do not reflect the real scarcity of a good or service. Without accurate price information, producers do not have proper incentives to direct economic activity and produce efficiently.

This is why socialism always fails and results in things like breadlines and inadequate supply of toilet paper.

All communisms should be thrown out of helicopters.