Cybernetics were wrong because they began as efficiency optimization in the economy. It was wrong because it necessarily assumed shadow prices, which is incompatible with labor theory of value. The upper echelons were really that dumb.
There's a book about the whole optimization debacle, "The Red Plenty" by Francis Spufford.
Cybernetics were wrong because they began as efficiency optimization in the economy. It was wrong because it necessarily assumed shadow prices, which is incompatible with labor theory of value.
No, it conflicted with party dogma, not with the labor theory of value. In what way do you think the existence of shadow prices conflict with LTV?
There's a book about the whole optimization debacle, "The Red Plenty" by Francis Spufford.