>
>I guess I'm more worried about trying to allocate production resources in
>a modern society on the basis of labor values, which I must confess is
>puzzling to me. I would have thought a socialist society would establish
>some kind of social priorities, and allocate according to the shadow
>prices.
>
>Yours,
>Duncan
>
Paul:
How would the shadow prices be calculated?
In what units would the social priorities be measured in order to
comensurate them with the shadow prices?
Paul Cockshott
wpc@cs.strath.ac.uk
http://www.cs.strath.ac.uk/CS/Biog/wpc/index.html