robbo203 wrote:I don’t think
December 2025 › Forums › General discussion › Are crises caused by overproduction? › robbo203 wrote:I don’t think
April 9, 2012 at 8:11 pm
#88220
Participant
robbo203 wrote:
I don’t think “anarchy of production” per se is the ultimate cause of crises. After all, unless you are an advocate of society-wide central planning in which the totality of inputs and outputs are consciously coordinated in an apriori sense within a single vast plan – an absurd idea – then socialism too will be based too an an extent on an “anarchic”, self regulating or spontaneously ordered system of production involving the mutual adjustment of a multitude of plans to each other. Actually , there is no other way in which a large scale complex system of production can be run..
Nice point Robin. I guess you should the proviso ‘profit motive’ should be added to avoid this possible confusion.
