This section is from the book "Elementary Economics", by Charles Manfred Thompson. Also available from Amazon: Elementary Economics.
Assuming that a state has advanced to the point where its members are willing to exert themselves just as efficiently as they do now and to give up portions, at least, of their private property to the state, there would still remain serious administrative problems. Capital would be just as necessary under the new condition as under the old. Enterprising skill could not be dispensed with. Some one would have to make decisions as to amount and character of output, and to methods of distribution. What particular goods shall be produced? in what quantity? how much shall be paid to each workman? how much shall the enterpriser get? The number of questions of this character which we might raise is limitless. The mere fact, however, that socialists cannot answer any one or all of such questions does not necessarily condemn the socialistic program. Every new program must face the same difficulty. It is doubtful, for example, if Jefferson, or Franklin, or any other one of the men who drew up the Constitution of the United States in 1787, could have answered one-tenth of the questions which have since confronted the national government. Simply because we cannot see how each detail is to be carried out in a socialistic state, is not sufficient ground on which to reject socialism. Our final judgment must be based on more evidence.
 
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