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055 - Socialist Labour Time Planning, with Tom O'Brien, Part 1

General Intellect Unit

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The End of Capitalism

During war communism goods were distributed not only through rationing at fixed prices by the state agencies but also substantially through private commerce including parcel businesses. The Bolsheviks seriously considered replacing money with natural units including a labor unit some party members imagine that they would come in the end to doing without any calculations and rubles reckoning the energy used by numbers of days and hours. In 1920 craves suggested a labor unit that is socially necessary labor as the unit of account for the moneyless economy.

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