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bhaa haa haa okay i shouldn't be asking this kind of questions in this shithole of all places, but since there are a few self-declared Communists/Marxists here i thought i'd ask anyway and see what happens.

I've been reading a book on economics, written from a free-market / libertarian perspective. It makes very good arguments about the appalling inefficiencies of centrally controlled economies and why free markets are able to generate more prosperity for all (in a nutshell: local control of supply and demand is much more efficient than centralized planning). The problem is, I'm lacking any counterarguments for this guy's apparently brilliant demonstrations, and I always like to hear the other side.

My question is for those who repudiate monstrosities like the old dead Soviet Union, and yet remain Communist or Marxist in their ideology (Porks, etc.)-- how do you run an economy under your proposed system? No, believe it or not, this isn't trollbait.