Search results for "a86d0d4eedfde40a71f577cd158129ec" in md5 (2)

/his/ - Why did they do it
Anonymous No.17921363
>>17920341
>Marxists dont believe in market price, they believe in price established by will of teh ruling class and state violence
No, Marxists and Classical Economics believe that price is all the input of resources and labour into a product, that results in equilibrium price.
Supply-Demand setting equilibrium price is a total meme and makes no mathematical or really common sense, since it's only 2 abstract data points in the production and selling of a product.
/his/ - Thread 17905146
Anonymous No.17905749
the funniest thing about faggots who reject actual classical econ is they rely on supply and demand for this obfuscation but all supply and demand really shows is the necessity of a planned economy. Oh you don't want an oversupply of unwanted commodities or an undersupply resulting in unmet demand? Hmmm maybe a planned society could help with that. What? When supply and demand are in equilbirium you have price stability? What's that? the equilibrium price is the target price for the market? We should be planning to sell things at that price? What? that equilibrium price can be lowered by improving the production process through technolgoical progress? What? porkies don't like it when there's too much technological progress at once because it results in a crisis of overproduction in the unplanned free market resulting in the plummeting of prices? What? They respond to this by destroying the productive forces? HMMMMMMMMMMMMMMMM REALLY GETS THE NOGGIN JOGGIN