I don't mean that prices are how humans literally communicate needs. I mean that market prices communicate information about relative scarcity and people's real demand across a decentralized economy.
Telling someone that I need something communicates a desire. it doesn't tell millions of strangers how scarce that something is relative to something else.
what resources should be redirected toward producing it or what opportunity costs doing so has.
And saying, prices reflect subjective valuation, scarcity and demand is not a refutation, that's why prices contain economically useful information.
I argue that under socialism or syndicalism you just miss that information.
Diacone Frost
npub1sc…mq7fu
2026-10-06 19:08:54 UTC
in reply to nevent1q…xa3y
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npub1sceswwu9vldf0tg3nlkajutp2j4zsv35ewma9r23x8d2qa73eaaqmmq7fuSeen on
wss://relay.mostr.pubPublished at
2026-10-06 19:08:54 UTCEvent JSON
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