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Other purposes, falling of value of these tools at their present use more lowThat that they would have somewhere else, there is an accurate indicator that them follows
To throw. If they cannot be used differently, than now, their former value Is of interest only as an indicator of that, how much should go down Production costs under the influence of the new invention before will have
The sense definitively to refuse these instruments of production. In maintenance
Values already a vested capital are interested only its holders. But
Under these circumstances it can be saved from depreciation, only having hidden from
Other members of company of advantage of the new invention. Possibly, on it the objection will follow that such severe criticism can be It is true concerning the capitalist aimed at the maximum profits
Monopolies, but it is obviously erroneous concerning the integrated branches in
Socialistic state, whose managers would receive instructions to nominate The prices only covering costs. Truly that the previous section was, in Essence, deviation on a planning problem under capitalism. But it Has allowed us not only to consider some of prospective advantages, Connected usually with any form of planning but also to indicate the defined Problems which will necessarily accompany planning at a socialism. Later we will meet them again. Now, however, it is time to address again to To case when the monopolised branches operate not to achieve The maximum profit, but try to force to act them how if
There was a competitiveness. Whether on the business instructions that they should aspire
To the prices only covering their (limiting) costs, gives clear criterion Actions? In this connection starts to seem that overwork concern
Conditions of a hypothetical condition of stable equilibrium has resulted the modern
Economists in general and in particular putting forward the given decision to, that
To attribute to concept of costs where the big accuracy and definiteness, than it is possible
To give to any valuable phenomenon in a real life. In conditions widely
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