Llewellyn H. Rockwell Jr.

“Why does socialist central planning not work? The means of production are not held privately, so there cannot be any exchange markets for them and therefore no exchange ratios established. That means there is no way to calculate profit and loss. Without profit and loss, there is no way to assess the tradeoffs associated with alternative uses of resources.”


Llewellyn H. Rockwell Jr., Against the State: An Anarcho-Capitalist Manifesto
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Against the State: An Anarcho-Capitalist Manifesto Against the State: An Anarcho-Capitalist Manifesto by Llewellyn H. Rockwell Jr.
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