"The fall of communism confirms century-old libertarian claims that equity and justice cannot be imposed by force, that interpreting "to each according to work" as "to each according to the marginal revenue product of one's labor" rationalizes privilege, and that central planning stifles workers' creative potentials. Clearly, enterprises whose inputs and outputs have been determined by a central planning procedure exclude workers and consumers from decision making, separate conceptual and manual tasks, and offer unequal consumption and work opportunities. For the Soviet, East German, Polish, Czechoslovakian, and Hungarian people to reject these injustices is encouraging. But it is dishonest to say this demonstrates that capitalism is optimal. It only bespeaks a lack of alternatives."
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Academics from the United StatesEducators from the United StatesSocial anarchistsEconomists from the United States
Original Language: English
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Michael Albert and Robin Hahnel. The political economy of participatory economics. Princeton University Press, 1991. p. 3
https://en.wikiquote.org/wiki/Robin_Hahnel
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Robin Hahnel
Robin Eric Hahnel (born March 25, 1946) is an American economist and Professor of Economics at . He was a professor at American University for many years and traveled extensively advising on economic matters all over the world. He is best known for his work on economics with Z Magazine editor .
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