Still pearl clutching onto the ECP problem when your iPhone 14 has the computation power to command economies

Are we still doing this? The ECP is incalculable, meaning you don't have the necessary information to calculate it, it's not just "a really hard math question".

this is where the whole framing gets weird. A classless, moneyless society doesn’t mean a society that magically stops measuring anything. The transition away from capitalism still requires accounting for labour, materials, inventories, productive capacity, resource constraints,

demand, opportunity costs, etc. What we’re abolishing is money and capitalist production as the social mediator of those decisions; not the capacity to measure them. So “without capitalist price signals you can’t calculate” only follows if you first assume that capitalist prices

and ultimately profitability, are the uniquely valid way of representing economic value. That’s precisely what is being disputed. A socialist economy can ask “what resources does this use, what could those resources alternatively produce, and what social needs does it satisfy?”

without pretending that the answer has to take the form of a profit rate. You can argue that those alternative mechanisms would fail, that they couldn’t acquire the necessary information, or that markets perform functions they can’t reproduce. Those are substantive arguments..

Which you have to argue about, but “abolish money → no capitalist prices → no calculation → socialism fails” is not a proof; it’s treating the accounting categories of capitalism as universal prerequisites for economic rationality. It's basically a fancy way to cope

@Jarv114 its not x, its y Hi chatgpt

@thatgoltcommie Amazing

Im curious, what do you think the ECP even is?

You don't know what the ECP is.

Neither do you

I'm not the one who just made a post making it very clear that I did not that was you.

“Still pearl clutching onto the halting problem when your iPhone 14 has the computation power to put men on the moon” Like what are you even doing here?

Imagine being a communist AND an Indian.

Imagine being a Turkish subhuman

So how are you to evaluate the opportunity cost of using either more steel or more engineers when building a railroad from point A to point B? Let's grant that you know the amount of steel there is in the entire economy, roughly 80 million tonnes. (1/2)

You cannot compute if the data you need dosen't exists in the firstplace and is impossible to obtain. Read the fucking essay.

There's no need for that since ECP doesn't exist, it's literally imaginary jibberjabber. It's a religion for austrian school of pedophiles.

TRVTHNUKE

Good to know communists still are no more economically (or technologically) literate than they used to be We do not have enough compute for the ECP problem, even with modern computers And the ECP problem is more limited by information than compute anyway

You never understood the ECP. First of all, the acronyms are for Economic Calculation Problem, so you saying "ECP Problem" it's like saying "EU Union". And second of all, the problem is that you CANNOT "solve economics" via math problems. So put that iPhone14 into your ass.

Go on then, use your iphone 14 to simulate a real country's economy and demonstrate how you solve the ECP. There are tons of city building games and management sims you could use as a base. With grok to help you with the coding you have literally no excuse.

With this post it is clear that you have no idea what the Economic Calculation Problem even is.

READ THE FUCKING BOOK

"computers can predict the future" is a strange argument.

as if it ever was about the computational power you absolute retard. it's because it lacks feedback from the input variables that normally exist under market conditions. market competition creates choice, central planning creates monopoly it's not fucking hard to understand

Without private property in the factors of production, they cannot be traded. If the factors cannot be traded, there can be no factor prices. If there are no factor prices, economic calculation is impossible

you would be such an elite lawyer in court wouldn't you, poop nation guy

Why hasn’t cuba or Venezuela or North Korea or some stupid little commune solved the ECP then yet?

Please explain to me how this would work. You still need inputs otherwise you would only get what a ai determines you want or need which could be very far off. Also no it doesn't things like chatgpt take massive data centers and still we need inputs.

🤡

“Economic Calculation Problem problem” oh my lord you are clueless

Wow. No. It definitely does not. This level wrongness borders on insanity. You should go home and rethink your life.

Apparently Hayek (1945) isn’t kosher

what the fuck is this retard talking about lmao

"Economic Calculation Problem problem"