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31.12.20

the Labor Theory of Value is false.The value things have does not depend on how much labor went into making them. I do not are if someone spent a whole day making one needle.

 The major thing I dislike about communism is that it makes no sense. [It is based on the Labor Theory of Value which is false. The value things have does not depend on how much labor went into making them. I do not are if someone spent a whole day making one needle. That makes it no more valuable to me than if  a factory produced it and I can buy it for one cent. Rather, the value depends on how much people want it. And the factory owner does not extract excess value from the worker. He creates value. The proof you can see yourself. Try to make on your own something and then try to sell it on the street. One day of doing that would have shown Marx and Lenin a thing or two about capitalism.] But that is besides the fact of its supposedly scientific predictions came out just the opposite of what it was predicting. But when things are in chaos, it does provide a means to taking control. That was the assessment of the head of the FBI J. Edgar Hoover. And he meant that in a negative sense. But the same idea was expressed to me by a Mormon who worked as an economist. [I asked him about President Hoover  and the depression and the fact that Roosevelt instituted lots of socialist policies to bring the USA out of the Depression. Whether that worked I do not know, but the answer that Mormon fellow told me was that sometimes in a times of chaos, you need some way that central government can take control.] And in a more startling way it was expressed by many people I met in the Ukraine. No one ever told me things were better under democracy than under communism. Whenever I asked, people always told me things were better than than they were under democracy. [They always said: "It was better then than now." And I saw that also. The police were spending their time hiding in their station, and the streets were empty of police. The more the fear of the KGB dissipated, the more crime and chaos.] You could see this clearly. The more distance the memory of communism was, the more crime was taking over.  

Still the point seems to be the same. To establish some kind of stability when everything is in chaos. But the order ought to be to first bring stability and then an free market democracy. Not the opposite.