Socialism

Discussion in 'Economics & Trade' started by Reiver, Nov 17, 2012.

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  1. Reiver

    Reiver Well-Known Member

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    I'll keep on laughing and ask you to provide some non-supply/demand factors. Referring to supply/demand (which is what you've done with monopsony) really won't wash. I've been a jolly sort and given you several possible non supply/demand factors. Get choosing!
     
  2. dixon76710

    dixon76710 Well-Known Member

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    To put wages in their pocket now, as opposed to the potential of profits in the future.
     
  3. dixon76710

    dixon76710 Well-Known Member

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    Typical, I ask you to point to the error, and you respond with questions.
     
  4. Reiver

    Reiver Well-Known Member

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    You still haven't worked out the silliness of your 'it isn't supply/demand, its supply/demand' cobblers? Crikey! You were asked to provide non supply/demand factors. You haven't provided any. Which of the ones that I've provided will you use (given you certainly aren't able to think up anything else)?
     
  5. dixon76710

    dixon76710 Well-Known Member

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    You are the one denying my assertions. Your quizes and questions do nothing to contradict my assertions. They are your way of avoiding them while still posting a response to them
     
  6. Reiver

    Reiver Well-Known Member

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    You've essentially said "not just supply and demand, there is also supply and demand". That isn't going to change unless you put it right. Now's your chance. Refer to a non supply/demand factor. You mentioned a multitude after all!
     
  7. The Real American Thinker

    The Real American Thinker New Member

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    Well, he also responded positively when I mentioned Ludwig von Mises before.

    To your capitalist system, yes, that's a part of it.
     
  8. The Real American Thinker

    The Real American Thinker New Member

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    Did you not read the very first paragraph of that?
     
  9. dixon76710

    dixon76710 Well-Known Member

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    I've never "essentially" or "effectively" said any such thing. That is just one of the many strawman youve created. You are developing an all to predictable pattern. First you tell us you are "laughing" then it was a "chortle", then you create the strawman followed up with questions and quizes based upon those strawman. You've accomplished nothing. Still, supply or demand are just two of many different factors that can effect price. You've presented nothing to contradict this fact. Laughter and questions will not contradict this fact.
     
  10. Reiver

    Reiver Well-Known Member

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    Still making things up? That isn't high up in the thinking stakes
     
  11. Reiver

    Reiver Well-Known Member

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    Yes you have. You stated that supply/demand was one of many factors. I asked you for these other factors. You replied with supply/demand commwnr, demonstrating that you're struggling with the whole concept! Come on, give one non supply/demand factor! There might be some entertainment in your choice
     
  12. dixon76710

    dixon76710 Well-Known Member

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    Actually I said it was TWO of many factors Einstein.
     
  13. Reiver

    Reiver Well-Known Member

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    Can you give one non-supply/demand factor? Alternatively, can you critique any of the non supply-demand factors that I have mentioned? Just do something other than "no its not always supply/demand, its also supply/demand" stuff
     
  14. dixon76710

    dixon76710 Well-Known Member

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    But your belief they are one factor helps us to understand why you have difficulty in seeing that the multitude of factors that effect price are not all one factor
     
  15. Reiver

    Reiver Well-Known Member

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    Still dodging. I'll try again. Can you give one non-supply/demand factor? Alternatively, can you critique any of the non supply-demand factors that I have mentioned?

    Logic informs me that you cannot and I'm wasting my time. But the humour factor forces me to try again!
     
  16. dixon76710

    dixon76710 Well-Known Member

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    Already have. Monopsony, asymmetric information and ac on the factory floor. You seem to think that if you can best understand monopsony in the context of supply and demand, monopsony must be the same factor of supply or demand. You think that because asymmetric knowledge is to be expected, it must be the same factor as supply or demand. I don't recall if you said anything about ac on the factory floor.

    Let's try it this way. Surely you've heard the phrase 'with all other factors being equal' when you've studied your supply and demand line graphs? The "other factors" do not only refer to the quantity of supply and the quantity demanded but instead to any and all factors that can effect price
     
  17. Maximatic

    Maximatic Well-Known Member

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    How do you know how to allocate resources in a socialist economy? In a real market you have profit as the incentive to figure out just how scarce each each thing is, or is not. The more available something is the cheaper it gets. The more scarce something is the more expensive it get, and less of it is used. On socialism there's no motivation to find new resources or improve the efficiency with which they are used. You see this problem made evident in the USSR and communist China. Everything was scarce, even things that were easy to make. China's economy steadily improves as it turns more and more markets over to the private sector where there are the motivations of profit. How do you propose the information normally conveyed by prices be conveyed in a socialist economy?
     
  18. Reiver

    Reiver Well-Known Member

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    You're again "other than supply and demand, there is supply and demand". Here, the key is market supply coinciding with firm supply. You clearly have no idea of any non-supply/demand factors

    Asymmetric information only informs us that firms face upward sloping labour supply curves, even if they are in apparently competitive conditions. Supply and demand again!

    Because you're not making sense.

    You're being ignorant about supply and demand again. Ceteris paribus is only used to allow a schedule relating price and 'quantity' supplied and demanded. Factors that shift those schedules is still supply and demand. I realised you hadn't a clue when you used supply and 'quantity supplied' as if they were the same (not realising that one refers to the schedule and the other refers to a particular result dependent on price).

    Still no non-supply/demand factors. You're not going to manage it!
     
  19. Reiver

    Reiver Well-Known Member

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    The market is not specific to capitalism. Using the market for allocative efficiency criteria is quite consistent with socialism. Indeed, its more likely to allocate in market socialism. Take supply and demand, which dixon cannot understand. That cannot explain wages in capitalism because of the capitalist feeding off the economic rent trough. In socialism, in contrast, compensation can genuinely reflect productivity criteria
     
  20. dixon76710

    dixon76710 Well-Known Member

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    LOLOL! YEAH! That's because supply and demand are but just two of the many factors that can effect price
     
  21. Maximatic

    Maximatic Well-Known Member

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    I don't get it. Scarce labor is more expensive than abundant labor. That's the way it's supposed to be, and the way it is. What's the problem?
     
  22. dixon76710

    dixon76710 Well-Known Member

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    actually it is completely inconsistent with most forms of socialism. Most socialist wouldn't even consider your version of socialism to even be socialism.
     
  23. Bored Dead

    Bored Dead New Member

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    um... no... lol. Well you still have to deal with at least a dozen nations leaving socialism.
     
  24. The Real American Thinker

    The Real American Thinker New Member

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    They have to be socialist first. Most of the ones on your list were either state capitalists or social democracies.
     
  25. dixon76710

    dixon76710 Well-Known Member

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    Your silly game of fabricating quotes, making absurd restatements of what you think I have effectively said is the only waste of time. I gave factors other tha supply or demand that effect price. I have done so. You seem to possibly want some factors that couldn't be examined in the context of supply and demand. Like I said, you can examine the effect of putting AC in on the factory floor, in the context of supply and demand, but still ac is neither supply or demand. Supply is a quantity of workers willing to work and demand is the number of workers. AC is not.
     
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