"Economic Calculation Problem": The Worst Argument Against Socialism

Support me on Patreon:   / comradehakim   Twitter: @YaBoiHakim Hi there! Still on break, but here's a highly requested topic that I'm finally getting around to covering. Tl;dr? It's a non-issue, and has been for like 50 years. Anyone even remotely knowledgeable about the ECP would know that it isn't a good argument against Socialism. Sources and further reading in the pinned comment. 00:00 Introduction 00:36 Chapter 1: What is the ECP? 03:09 Chapter 1.5: Why Even Bother Discussing This? 05:24 Chapter 2: The Failures of the Market 09:26 Chapter 3: Planning Under Capitalism 11:35 Chapter 4: Planning Under Socialism (and "Inefficiency") 16:54 Chapter 5: The Future of Planning (in Light of the Past) 19:30 Chapter 6: The Failure of "Argumentum ad ECP-um" 25:50 Chapter 7: Market Socialism as a Solution? 27:23 Conclusion