Comment Re:Vs self-interest doesn't exist, politicians are (Score 1) 351
Mainstream economics relies on a great many assumptions. For instance the "law" of supply and demand assumes perfect competition, perfect information (including about the future), perfectly flexible prices, wages and production etc. etc.
If any of these assumptions are relaxed even a little the "law" doesn't work.
In fact they are not simplifying assumptions, they are false assumptions and anything that flows logically from them is also false.
There are several "models" of Socialism. What they all have in common is increased democratic worker control, not politicians. You are probably thinking of Soviet style State Capitalism. That is not considered Socialism by most Socialists these days.