I fled Reddit due to the authoritarian mod craziness, but Lemmy.world seems infested with too much Communist craziness. I’m leftist, but communism is idiocy. Is there an instance that leans more democratic socialist but refrains from going off the deep end?
You’ve got the general critique from Mises right, but that’s an extremely outdated critique that has long been debunked. The article Prices in a Planned Economy helps show how prices in a fully publicly owned economy could be planned, including what you are describing as “price signals.” The fact is, the USSR’s economy did work, and worked rather well, but issues like having to spend a huge portion of GDP on the defense industry just to keep up with the US starved the rest of the economy for growth, and the Soviets planned by hand rather than by computer. Neither of these issues need to be taken by any Socialist state going forward.