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Mint: Marx misread capitalism but we must not fall into the same trap.
livemint.com/opinion/columns/m

Uh... I feel like this guy misunderstands socialism as much as he claims Marx misunderstood capitalism. For one thing, most forms of socialism that have actually existed "[use] information such as prices to allocate resources." In fact, remove prices from the scenario and, uh, all economic types use information to allocate resources. How basic. How odd that this guy thinks only capitalism does so.

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