Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

>All economies are made exclusively of economic actors (which include every single living person) making resource allocation decisions

All economies are made of people, some of whom do not make resource allocation decisions (because they are unable to or prohibited). I see no reason to start talking in terms of the population of an economy rather than other factors first. Marx, for instance, used property and classes, because he noticed that individuals are born into pre-existing situations, as defined by the class and property structures of the day, and they do not shape the world freely as they see fit. It takes effort to individuate.

> including no system at all (which would just be the ultimate free market)

The "ultimate free market" very clearly has a "system" - it has private property rights, separation of the labourer from the product she makes during the production process, the majority of labour being waged labour, and the general economic goal of capital accumulation. If the free market really meant "no system", but still a reality, then we would have observed it in the most basic societies. Anthropologists have found no evidence of that claim.

>which is just a system where resource allocation decision making is taken away from individuals, and placed in the hands of a central authority

No political philosopher uses this definition; most forms of socialism (theoretically, anyway) are democratic, in which allocation decision making is given to the people, to a higher degree than it is in a capitalist society. Finally, in such a system, individuals have the greatest degree of control over capital, not just labour allocation (through which capital is influenced only directly).

>and decision to allocate a finite resource is an economic decision, including decisions to devote time, effort or attention to something

It is not purely an economic decision, it is also a moral and practical one. Only the economist, strangely, conceives any and all time as a pure "resource" to be allocated around. The view that activity is equal to allocation of finite resources ignores the reasons why people actually perform various activities. Sure, you could subsume every motivation into allocation of finite resources, but the physicist could go further and subsume every interaction into the interactions between atoms. Why should I (or anyone) prefer your level of abstraction rather than saying it is too restricted (e.g. as the physicist would say) or saying it is too wide (e.g. as the sociologist would say)?

>Wanting topic of passion to be excluded from this system defies the laws of nature itself.

Marx noted in the 19th century that economists, like the priests, have a preference for speaking of their ideological view as "natural law", that previous systems were "unnatural", that future possible systems are "unnatural". He realized that this tactic ensures that nobody can question the foundation of the concepts (atomistic individualism, Hobbesian warfare, resource allocation, the origin of money, capital, power, property) since that would be to question "nature" itself.

>just completely defies any sense of reason.

It defies purely economic reason. Today we see many people and hobbyists taking such an "unreasonable" stance, from charity and open source workers to musicians. People, as it turns out, are not rational economic actors (the "resaon" you speak of is a prescriptivism from neoclassical economics), nor do they judge their time as a resource ("time is money" is a mantra that only seems to apply during the business day). There is no evidence that counting time primarity as an economic resource was prevalent in previous societies.

On that note, unless you're monetizing the time you spend posting on HN, you are completely defying any sense of reason. Either that, or you can tell me about your spreadsheet of resource allocation for your day down to the hour by the time you next make a comment, and the calculated opportunity costs associated with each hour.



> All economies are made of people

Economies are made of economic actors, which includes ALL people as well as other entities like public institutions, companies, charities...

> some of whom do not make resource allocation decisions (because they are unable to or prohibited)

Every single person in the world is an economic actor. Every single person in the world has the ability to make resource allocation decisions, even if they are only using the labor of their own mind. The incarcerated are economic actors, even literal slaves would still be economic actors.

> most forms of socialism (theoretically, anyway) are democratic, in which allocation decision making is given to the people

A theoretical “democratic socialist” country (theoretical because people have voted socialism in, but never in history have they been allowed the privilege of voting it out) would be a country where the people surrender their natural rights to make their own resource allocation decisions (or at least a significant portion of those rights) to the government.

> The "ultimate free market" very clearly has a "system"

It doesn’t at all. It’s just the way humans (and really all animals) behave in absence of governance that prevents them from doing so. Ancient people most certainly had private property, even if it was shared within the tribe or family or whatever other format of social organisation. It would also pay for you to remember that Marx thought familiar or tribal affiliation was a source of evil, as families tend to care for each other, which he considered to be terribly unfair to anybody who didn’t have a family to care for them.

I would very highly recommend that you at least learn some basic economic concepts (what an economy actually is would be a good starting point) before you go around promoting the abolition of private property.


>Economies are made of economic actors, which includes ALL people as well as other entities like public institutions, companies, charities...

But if we're applying hyper-reductionism, as in the case when the economists talk about individual actions and choices, all of those things can be further divided into individual actors. Why stop at the level of "economic actors"? Is there any basis for considering society as "economic actors" rather than individuals? But let's say that we can talk in terms of "economic actors" - how is it any less valid to talk about "class"? After all, the company and the property-owning class are both composed of individuals.

>Every single person in the world has the ability to make resource allocation decisions

Many disabled people (mentally, or maybe even otherwise) do not, and many prisoners are forced to operate in more or less a closed system. If "economic actor" really just means "person", why not say that?

>but never in history have they been allowed the privilege of voting it out

The irony here of course is that socialism is not merely a change in leader, but a qualitative change in the structure of society and the economy. It makes no sense to say that socialism is voted in (or out), since if it is voted out, it follows that there is a system of class and property structure in place. The mistake is to think that socilaism is a set of laws or policies, but nobody informed on socialsim would say that.

>where the people surrender their natural rights to make their own resource allocation decisions to the government.

I am skeptical of the "natural rights" hypothesis, and surrendering to the government (or some other authority) has taken place in every society, from property rights to taxes, even to speech (note the many restrictions on speech in the US, for instance). Why, if I have the natural right to withdraw my labour, do companies and governments engage in union busting, for example? And whose resources are allocated? The prisoner, for instance, has involuntarily surrendered some portion of their resource allocation rights, but not all of them. Laws against hiring a hitman or bribery mean that I have surrendered some of my resource allocation rights. And what use is a right when one cannot take advantage of it? Many people employed today do have resource allocation rights, but they cannot take full advantage of that: they could starve. When I am employed, I do not have full allocation rights of my labour product (instead, they are appropriated at the end of the production cycle to be sold).

I haven't received your plan to monetize HN comments, or your resource allocation timetable for today. You're beginning to make me think you haven't calculated the opportunity costs of posting on HN without pay.


Hi Claudia, I saw a comment of yours that had to do with on-line sexuality. I would really love to quote you on it for a manual for a tarot deck I'm creating. If you can could you reply here for find @outsidertarot on instagram and shoot me a message? Thanks!


Sure, go for it.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: