
008 - Red Plenty, Part 1
General Intellect Unit
00:00
The Economics of Capitalism
Vitalovich comes back into the equation in 1960 where he's presenting at a conference for technologists cyberneticians and economists. He is accused of trying to just reconstruct some of the elements of capitalism that would be uh would be dangerous to the society by introducing a price driven system. His rebuttal says there are prices and they measure opportunity costs but like these ode values are not are not market prices.
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