But there has to be some planning : without the mediation of money, society will have to organise an accurate system of bookkeeping, in order to keep track of the amount of labour-time contained in every produced good. Precise accounting will see to it that nothing is wasted.How amusing therefore to read that our own home-grown leftists haven't quite mastered the art of accounting:
The debt-hit Scottish Socialist Party faces a hefty fine or possible police action for failing to submit its accounts to a financial watchdog.The deadline for the accounts was 7th July. The comrades were granted an extension to 4th August but missed that too.
I note that:
... the delay was not a "debt problem or a political problem, but an administrative problem".Of course.
Under socialism we'd get plenty of politics (and debt!) but mere administration would take a back seat. Needless to say the great man has demonstrated that economic calculation is impossible under socialism but it's certainly doable in 21st century Glasgow. Perhaps the comrades are stuck on working out the true value of one hour of Tommy Sheridan's "labour-time".