Viewing a single comment thread. View all comments

fusir wrote (edited )

Not a fallacy. Communism can't solve the coordination problem. An iphone would not be created outside of a capitalist system and a mixed economy is still capitalist even if also socialist. The capitalist element is necissary for that phone to exist so it's not entirely cazy to defend it somewhat. Socialism without capitalism is communism and it will not create that phone.

Marx completely did not understand R&D markets as illustrated in his fallacy attempting to illustrate base theory. In it he argued that the presence of furnices necessitates the existance of coal shovelers and therefore creates poverty so we should just get rid of furnices. Little did he recognize that someone already in a better position would not take a coal shoveling job and only people in worse positions would and that coal shovelers and furnices are coordinate goods so the goods character of a furnice depends on the presence of laborers and the second order good of a furnice design is dependent on the goods character of its lower order good and so wouldn't be developed without the presence of cheap labor niether would the capital expenditure for the making of the furnice happen without the presence of cheap labor. So it is the coal shoveler that makes the furnice and not the furnice that makes the coal shoveler. The truth is that without the ability to calculate ROI and act on it upstream firms would never design and build the equipment needed to make the tiny chips incorporated inside of the iphone upstream.

Maybe that's not an attack of socialism but it is an attack of communism. Seeing as socialism is capitalism + government intervention you still need capitalism.

So "You do not like capitalism but you are using a phone capitalism made" is accurate.