Why Marx Never Figured Out How to Distribute Goods in a Socialist Society
11/28/2020Antony Sammeroff
Contra Marx, Mises understood that human desires and needs are not determined merely by biology.
Karl Marx held that human interests are “uniquely and entirely determined by the biological nature of the human body.â€1 He thought that people were exclusively interested in gaining as many tangible goods as they could. Therefore, a person’s wants would not depend on his ideas but on his physiological condition. More is better.
The question Ludwig von Mises posed, on the other hand, is: More of what?
https://mises.org/wire/why-marx-never-figured-out-how-distribute-goods-socialist-society